PORVORIM: Purchasing high end luxury cars in Goa would now be a less expensive affair with Goa Cabinet deciding to reduce road taxes.
“Cabinet has approved reduction in taxes on high end vehicles to discourage people from registering their vehicles outside the state,” said CM Sawant briefing media after Cabinet.
Speaking further Sawant explained that vehicles costing upto 6 lakhs would be charged 9% of the vehicle cost.
“Similarly, those vehicles not exceeding 15 lakhs would be charged 11 percent. Vehicles between above 15 to 35 lakhs would be charged 13 percent,” said Sawant.
Further, those vehicles above 35 lakhs would be charged 14 percent.
When asked about the previous figures for comparison, Sawant said that at present he had no access to the figures.
The luxury tax is calculated based on the vehicle type and its selling price. For some vehicles, Goa charges up to 12% tax on the total amount of the vehicle, while a state like Pudducherry charges only 1%.
Which means, if a vehicle costs Rs 1 crore in Goa, you pay Rs 12 lakh tax, whereas in Pudducherry you can purchase the same vehicle by paying only Rs 1 lakh in tax.
Following the state transport department’s crackdown on vehicles with outstation registration in 2019, it was found that most were registered in Maharashtra and Karnataka.
The list also featured vehicles registered in Kerala, Andhra Pradesh, Madhya Pradesh, Punjab, Delhi, Gujarat and Rajasthan, among others, besides Puducherry
Meanwhile, Chief Minister Pramod Sawant also said that state cabinet had granted approval for creating a new department for persons with disability (PwD).
“The new department for PwDs would be started from the next financial year” said Sawant.