Inclusion of vat for calculation of life time tax/road tax
This query is : Resolved
29 May 2012
Dear Sirs,
In Karnataka State, the RTO officials are including VAT at the rate of 14% of the Basic value of a car while calculating Life Time Tax (LTT) or Road Tax at the rate of 13%. To this thay are adding Cess @ 11%. In my opinion, since VAT is a form of Tax, including it again for calculation of another tax like Road Tax is not correct since it results in collection of Tax for Tax. I request clarification in this regard.
SM BHAT
9448259008
In Karnataka State, the RTO officials are including VAT at the rate of 14% of the Basic value of a car while calculating Life Time Tax (LTT) or Road Tax at the rate of 13%. To this thay are adding Cess @ 11%. In my opinion, since VAT is a form of Tax, including it again for calculation of another tax like Road Tax is not correct since it results in collection of Tax for Tax. I request clarification in this regard.
SM BHAT
9448259008
07 June 2012
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