Revised One-Time Tax Structure to Make Vehicles Costlier in Maharashtra from July 1

Starting July 1, the cost of high-end cars, CNG/LNG vehicles, and goods carriers in Maharashtra will rise due to a revised one-time tax structure introduced by the state government, according to a PTI report.

Under the new structure, the cap for one-time tax has been increased from ₹20 lakh to ₹30 lakh. As a result, vehicles with an ex-showroom price exceeding ₹20 lakh will see a minimum tax increase of ₹10 lakh, according to RTO officials.

High-end petrol and diesel vehicles registered under individual names–priced around ₹1.33 crore and ₹1.54 crore, respectively–will now attract over ₹20 lakh in one-time tax.

In Maharashtra, the one-time tax for petrol cars registered under an individual's name is 11% for those priced below Rs 10 lakh, 12% for those priced between Rs 10 lakh and Rs 20 lakh, and 13% for those priced above Rs 20 lakh, they added.

For diesel cars, the one-time tax is 13% for those priced below Rs 10 lakh, 14% for those priced between Rs 10 lakh and Rs 20 lakh, and 15% for those priced above Rs 20 lakh. 

CNG and LNG vehicles will also see a 1% hike in one-time tax across all three price brackets.
Vehicles imported or registered under a company name—whether petrol or diesel—will attract a flat one-time tax of 20%, irrespective of price, the officials pointed out. 

Goods carriers, including pickup trucks, tempos (up to 7,500 kg gross vehicle weight), and construction vehicles like cranes, compressors, and projectors, will now be taxed at 7% of their purchase price. This marks a shift from the previous system, where tax was calculated based on vehicle weight.

For example, a pickup truck priced at ₹10 lakh that previously attracted a tax of around ₹20,000 (based on weight) will now incur a tax of approximately ₹70,000 under the new price-based system.

Previously, one-time tax for goods vehicles ranged from ₹8,400 to ₹37,800 for vehicles weighing between 750 kg and 7,500 kg, according to the transport department’s website.

Electric vehicles will continue to benefit from full tax exemption. Although the state government had earlier proposed a 6% tax on EVs priced above ₹30 lakh, that proposal has since been withdrawn.