Tax relief to luxury cars of social institutes serves no purpose
7 years, 7 months ago

Tax relief to luxury cars of social institutes serves no purpose

Deccan Chronicle  

Panaji: The Comptroller and Auditor General in its report has pointed out that high-end luxury cars owned by institutions working in the social sector enjoyed the benefit of road tax exemption in the absence of clear cut guidelines in this regard. "The exemption granted by transport department to the trusts/societies which could afford to purchase luxury vehicles and pay for choice registration numbers, defeated the intention of the Rules," the CAG noted in its report. "The total road tax exempted to these institutions for purchase of new luxury motor cars was Rs 9.87 lakh," the audit report has mentioned. Referring to both the societies which enjoyed this benefit for their luxury cars, the report noted that "the institutions paid Rs 30,000 and Rs 10,000 respectively for getting a choice registration number for their vehicle."

History of this topic

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