Union Budget 2025: From road tax to GST, car Tax Calculation!
Buying a car is everyone's dream. Whenever you buy a new car, you have to pay tax in many ways. Not only this, many types of fees are also charged from you which vary according to different states. Today we will tell you how much tax you pay indirectly to the government while buying a car.
How much tax is levied on a car?
First of all, let's talk about the ex-showroom price... This is the price that reaches the dealer from the car manufacturing company. The ex-showroom price includes the cost of the car and the dealer's commission. Second EX You also have to pay road tax to buy a car, which varies from state to state. Third, registration fee is levied on the car. Which varies according to the type of car and engine capacity by the state government.
Apart from this, motor vehicle tax is also levied on a car. GST is levied on a car by the central government. It is levied on the ex-showroom price and other charges which can be 18% or 28%. It completely depends on the type of car.
Know this as an example
Some state governments can also levy additional charges which are parking charges and environmental charges. For example, if you buy Maruti's Grand Vitara car, then the ex-showroom price of one variant of this SUV is Rs 10 lakh 61 thousand 379. If 28% GST is taken on this price, then Rs 2 lakh 97 thousand 186 is added.
Apart from this, 17% cess is also levied on the car which becomes Rs 1 lakh 80 thousand 434. Apart from this, Rs 15389 more is taken on it. That is, on a car worth Rs 10 lakh 61 thousand 379, the government gets Rs 4 lakh 93 thousand only as tax.
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