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Bihar Vehicles Registration Charge Increases: Details

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Bihar Vehicles Registration Charge Increases. Now, the tax rate is prepared according to the class of Vehicle. By the permission of Bihar Governor, Government secretary Sanjay Kumar Agrawal issue the Gazette.

Bihar Vehicles Registration Charge Increases
Bihar Vehicles Registration Charge Increases
Bihar Vehicles Registration Charge Increases. Now, the tax rate is prepared according to the class of Vehicle. By the permission of Bihar Governor, Government secretary Sanjay Kumar Agrawal issue the Gazette. Talking about the Gazette, 12 riding vehicles that include cars, taxis, bikes etc are divided into 4 categories.

Bihar Vehicles Registration Charge Increases

Vehicles worth up to 1 Lakh have to pay 8% of lump sum tax rate till 15 years. On the other hand, New Vehicles whose worth is in between 1 lakh to 8 lakh will pay 9% of lump sum tax. Similarly, Vehicles whose worth up to 8 lakh and up to 15 lakhs will be liable to pay 10 percent. Vehicles of worth more than 15 lakh will pay 12 percent rate. Officials calculate these taxes with respect to Vehicle's X Showroom price. Talking about the 4 Seater and 7 seater Vehicle officials decides the tax amounts of 10 and 15 thousand for 15 years.

Additionally, the tax rate for Carriage Vehicles is decided on the basis of weight it carries or the seats it has. The carriage vehicle will have to pay a lump sum of Rs. 8000 for 10 years for 1000 kilograms of weight. Moreover, for 1000 to 3000 kg weighing up to 10 years, a lump sum of 65 hundred rupees they have to pay. For 3000 to 16000 kilograms, for 16 to 24 thousand kilograms and 24 thousand and more kilograms, respectively, the taxes of Rs. 750, 700 and 600 per ton per annum they have to pay.

For a normal 13 to 26 seated bus one have to pay Rs. 550 whereas for Semi Delux and Delux buses one have to pay Rs. 675 and Rs. 785 respectively. Similarly for 27 to 32 seated bus, for the normal one, they have to pay Rs. 600 whereas for the semi Deluxe as well as deluxe buses they have to pay Rs. 750 and Rs. 860 respectively. Normal buses whose passenger capacity is more than 33 will have to pay Rs. 700 whereas for the same number of seats the semi, as well as the deluxe buses, have to pay Rs. 870 and Rs 1025 respectively. These charges are for per seat per year. Moreover, From 2 April every year this charge will increase with 2% rate.

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Muzcorner - Muzaffarpur News Portal: Bihar Vehicles Registration Charge Increases: Details
Bihar Vehicles Registration Charge Increases: Details
Bihar Vehicles Registration Charge Increases. Now, the tax rate is prepared according to the class of Vehicle. By the permission of Bihar Governor, Government secretary Sanjay Kumar Agrawal issue the Gazette.
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