Total Tax On Purchase A New Car 2020

Every year thousands of cars are purchased in the country. Some of them are less expensive and some are expensive. When the car comes out of the factory the price is not as much as the price. That is, after leaving the vehicle from the factory, it is taxed.

In India, the central government has imposed 28% GST on cars. Surcharge is also levied above this GST. After the GST, the state government’s registration fee, insurance and fast tag charges are also levied on buying the car. Due to all this, the price of the car increases significantly.
If calculated, the total tax levied on the car is half the cost of the show room of the car.
Here in Bihar, different tax details are being given for buying different cars.

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  • Maruti Alto LXI –

Showroom Price – Rs. 2,77,442
GST+ Cess – Rs. 80,458 (29% of Showroom Price)
Registration Fee – Rs. 40,900
Insurance – Rs. 15,699
Fast Tag – Rs. 650
Total Tax – Rs. 1,37,707
Tax in % – Rs. 49.6%
On Road Price Of Car – Rs. 4,15,149

  • Maruti Dzire VXI

Showroom Price – Rs. 5,26,357
GST+ Cess – Rs. 1,25,687 (29% of Showroom Price)
Registration Fee – Rs. 73,050
Insurance – Rs. 27,898
Fast Tag – Rs. 650
Total Tax – Rs. 2,54,241
Tax in % – Rs. 48.3%
On Road Price Of Car – Rs. 7,80,598

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  • Maruti Swift VXI

Showroom Price – Rs. 5,41,860
GST+ Cess – Rs. 1,57,140 (29% of Showroom Price)
Registration Fee – Rs. 67,050
Insurance – Rs. 26,594
Fast Tag – Rs. 650
Total Tax – Rs. 2,51,434
Tax in % – Rs. 46.4%
On Road Price Of Car – Rs. 7,93,294

  • Hyundai Creta

Showroom Price – Rs. 7,75,186
GST+ Cess – Rs. 2,24,804 (29% of Showroom Price)
Registration Fee – Rs. 1,12,000
Insurance – Rs. 53,009
Fast Tag – Rs. 650
Total Tax – Rs. 3,90,453
Tax in % – Rs. 50.4%
On Road Price Of Car – Rs. 11,65,649

  • Honda City

Showroom Price – Rs. 8,44,853
GST+ Cess – Rs. 2,45,037 (29% of Showroom Price)
Registration Fee – Rs. 1,23,639
Insurance – Rs. 35,608
Fast Tag – Rs. 650
Total Tax – Rs. 4,04,934
Tax in % – Rs. 47.9%
On Road Price Of Car – Rs. 12,49,887

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