Capital Value Tax
Capital Value Tax is leviable on the purchase of imported motor vehicles.
|
Imported motor vehicles (not plying for hire)
|
Rate of Tax on value
|
Collecting Authority |
| Engine Capacity | ||
| Does not exceed 800cc and three wheelers | Nil | Collector of Customs |
| Exceeds 800cc but does not exceed 1000cc | 3.75% | |
| Exceeds 1000cc but does not exceed 1300cc | 5.00% | |
| Exceeds 1300cc but does not exceed 1600cc | 6.25% | |
| Exceeds 1600cc | 7.50% | |