Government taxes on personal vehicle

Government taxes on personal vehicle

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Pavan Kumar Mamidipalli started this petition to Finance Minister

Madam,

I purchase a car for which the invoice value was763336.00,

cgst+sgst= 213734.00,

cess22900.00

road tax 120000.00

Insurance  64035.00

Tax on insurance amount.11526.00

put to gather I paid 60% on the cost of the vehicle

+ taxes on Petrol

+taxes onn toll gate++++ buy and large if you buy a car over a period of 5 years a buyer will more than double the amount of a car.

Hence the downfall in automobile sector. 

When Gov. Can charge 60%, on one product, then why a common man buy a vehicle. 

 

 

 

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