Thursday, November 26, 2009

Maxi Cab - Higher rate of tax.

Though the tax rate for maxicab is Rs.275/- per seat per quarter, for certain vehicles the tax is Rs.500/- per seat per quarter.

At the time of FC or permit we should watch out these variations and collect tax accordingly.

These vehicles are defined as luxury vehicles under taxation Act.

The following are some of vehicles for which tax should be collected at Rs.500/- per seat per quarter.

Innova 2.5.G Diesel, 7 seater Circular no. 45/06
Innova 2.0. Petrol 7 seater Circular no. 45/06
Ford Endeavour 7 Seater Circular No. 23/05
Tata Safari Lx 2 7 Seater circular No.30/07
Premier Sigma 7 Seater Circular No.46/06

The price of these vehicles are on the higher side compared to other variations of these models.

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