The import duty revenue from motor vehicles and accessories amounted to around 192 billion Indian rupees and excise duty revenue was down to zero Indian rupees across India in fiscal year 2019. Motor vehicles were the highest taxed manufactured products across the south Asian country. Despite the introduction of the Goods and Services Tax in 2017, road tax continued to be paid over and above it.
Value of tax revenue from motor vehicles and accessories by Indian central government from financial year 2010 to 2019
(in billion Indian rupees)
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Ministry of Road Transport and Highways (India). (September 1, 2021). Value of tax revenue from motor vehicles and accessories by Indian central government from financial year 2010 to 2019 (in billion Indian rupees) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/665083/central-tax-revenue-vehicles-and-accessories-india/
Ministry of Road Transport and Highways (India). "Value of tax revenue from motor vehicles and accessories by Indian central government from financial year 2010 to 2019 (in billion Indian rupees)." Chart. September 1, 2021. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/665083/central-tax-revenue-vehicles-and-accessories-india/
Ministry of Road Transport and Highways (India). (2021). Value of tax revenue from motor vehicles and accessories by Indian central government from financial year 2010 to 2019 (in billion Indian rupees). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/665083/central-tax-revenue-vehicles-and-accessories-india/
Ministry of Road Transport and Highways (India). "Value of Tax Revenue from Motor Vehicles and Accessories by Indian Central Government from Financial Year 2010 to 2019 (in Billion Indian Rupees)." Statista, Statista Inc., 1 Sep 2021, https://www.statista.com/statistics/665083/central-tax-revenue-vehicles-and-accessories-india/
Ministry of Road Transport and Highways (India), Value of tax revenue from motor vehicles and accessories by Indian central government from financial year 2010 to 2019 (in billion Indian rupees) Statista, https://www.statista.com/statistics/665083/central-tax-revenue-vehicles-and-accessories-india/ (last visited November 05, 2024)
Value of tax revenue from motor vehicles and accessories by Indian central government from financial year 2010 to 2019 (in billion Indian rupees) [Graph], Ministry of Road Transport and Highways (India), September 1, 2021. [Online]. Available: https://www.statista.com/statistics/665083/central-tax-revenue-vehicles-and-accessories-india/