Hyderabad: Rolls Royce Zooming through Hyderabad streets for the past three years has not been registered anywhere in the country, even when law enforcement authorities say they will intensify the drive against luxury car owners who have not paid taxes.
The owner of Rolls Royce, who is worth RS 11 Crore, has delayed the payment of live taxes of Rs 1 Crore.
The remaining cars, including Maserati, Lamborghini and Ferrari, confiscated on Sundays were found to have been registered with Puducherry, New Delhi, Tamil Nadu and Maharashtra.
The transportation department enforcement official has confiscated 11 cars on Sunday for tax avoidance with a surprised check.
Finally said that luxury car owners had to pay double or more in life in Telangana compared to other countries and it could be as high as Rs 50 Lakh here.
“The difference in the amount of life tax that must be incurred by someone in the country is the reason why even super rich people avoid taxes,” said the authorities.
They said that five of the 11 cars were registered in Puducherry where the amount of life tax for luxury cars was almost neglected, around Rs 14,000 for one year, while Maharashtra has an upper limit of Rs 20 Lakh.
“In Telangana, 13% of the invoice value must be paid as a luxury tax and for luxury cars Rs 4 Crore, can come to Rs 50 Lakh.
Therefore, many of these cars have been listed elsewhere and plying here,” Papa Rao said, enforcement officer, transportation department, Telangana, added that the owner of all 11 cars had to pay taxes.
All the cars were confiscated near Shamshabad by the RTA authorities were released after the authorities received a written statement from the owner.
Interestingly, some owners begged that they did not know how taxes had to be paid.
Cars are returned to the owner after they agree to pay taxes and written information for this effect obtained.
“Two luxury car owners appeared in our office today to pay contributions.
We have submitted the vehicle to the owner after getting documents and commitments because they ask us to allow them to keep vehicles in their prisoners,” the official said, adding that many of the owners This intentionally avoids taxes.