Across India in all its states and union territories, using a vehicle is subject to a statutory tax known as road tax. The Goa government also charges a road levy on individuals registering and operating four-wheelers. The price and type of the car are used to calculate this tax, which is paid in one instalment.
Road Tax in Goa for Four-Wheelers
In Goa, the primary factors influencing the road tax on four-wheelers are the vehicle's price and engine displacement. For instance, the tax on a car up to INR 6 lakh can be as high as 9%, while the tax on vehicles between INR 6 and INR 10 lakh can go as high as 11%. For cars costing more than INR 15 lakh, the tax rate may be considerably higher. This tax is assessed in one lump amount at the time of vehicle registration. Car insurance is necessary for owners as it offers financial protection in the event of an accident or damage.
Conclusion
The value and type of vehicle determine the road tax in Goa for cars. The state government uses the money it receives from this levy as a significant source of funding for road development and maintenance. To reduce potential dangers, you should also make sure to purchase auto insurance for your vehicle promptly.
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