Thursday, June 20, 2013

Steps to check tax evasion on vehicles



By Haryananewswire
CHANDIGARH JUNE 20
 With a view to curb the practice of evading tax on vehicles used for personal purposes, the Haryana Transport Department has decided to levy tax on the ex-showroom price  of the vehicle. This price includes price of vehicle including the Central and State taxes or duties and  other expenses.
          While stating this here today,Haryana Transport Commissioner Mrs. Sumita Misra said that all the Secretaries of Regional Transport Authorities and Sub Divisional Officers (Civil)- cum- Registering Authorities, Motor Vehicle in the State have been asked  to take into consideration, the purchase price inclusive of all expenses and taxes for the purpose of charging tax.
          She said that as per the Motor Vehicles Taxation Act 1924, a lump sum one-time tax was levied on a vehicle used for personal purposes based on its value that is on the purchase price of the vehicle inclusive of all expenses and taxes. It has come to  notice that in certain cases, the purchase price of the vehicle in the invoice was being shown less than the actual in order to evade tax. This is a serious matter and the offenders were liable to strict legal action, she added.
          Mrs. Misra said that the ‘ex-showroom price’ of different models or variants of vehicles might be obtained from the local dealers. Apart from this, the price of such vehicles is also available on the website of all the vehicle manufacturers.
She said that directions have been issued for the strict compliance of the orders and any laxity in this regard would be seriously viewed.

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