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Can we buy car from Pondicherry?
You can buy a car in pondicherry, provided you have a proof of residence and permanent resident of pondicherry, but if you plan to take the car back to karnataka, the state government will ask for all papers regarding the genuinely of purchase and also one time entry tax of 20k and for change of registration to …
Why are cars cheap in Pondicherry?
The reason is that Pondicherry RTO charges a flat Rs 55,000 life time tax for vehicles above Rs 20 lakh as opposed to Rs 4.05 lakh in the state, which results in a net saving of Rs 3.5 lakh for the buyer. For vehicles below Rs 20 lakh, the rate of tax is flat Rs 15,000 in Pondicherry.
What is the procedure to buy car in Pondicherry?
The method for this is simple. Purchasers can obtain a temporary registration from the Karnataka RTO which allows them to use their vehicle on the roads for a period of 30 days. They then head to Puducherry and apply for registration there by submitting documents showing that they are residents of the Union Territory.
How can I buy car from Yanam?
The general criterias to get financing for a second hand car in Yanam are:
- Your age should be between 21 to 60 years. You need to be employeed for at least two years and your salary should be more than 2.5L (this can include your spouse’s income)
- For self employeed person, the age bracket is between 25 to 65 years.
How much is the road tax in Puducherry?
Non-Transport Vehicles
| Vehicle Category | Annual Tax | Lifetime Tax |
|---|---|---|
| Weight between 1500 kgs to 2000 kgs | Rs. 910 | Rs. 8000 |
| Weight between 2000 kgs to 3000 kgs | Rs. 940 | Rs. 8000 |
| Weight above 3000 kgs | Rs. 960 | Rs. 8000 |
| Motor Vehicles cost between 15 to 20 lakhs | Rs. 7000 | Rs. 50,000 |
Why do people buy car in Pondicherry?
So why do car owners go to Puducherry for registration? “It is done to evade taxes using loopholes in the law,” says a Chennai based auditor, who does not wish to be named.
Which city has cheapest car in India?
Cheapest states to own a car in India
- Puducherry.
- Chandigarh.
- Himachal Pradesh.
- Daman & Diu.
- Jammu & Kashmir.
- Assam.
- Gujarat. Hyundai Creta’s 1.5 E Diesel costs Rs 11.68 Lakhs (on-road Ahmedabad).
- Jharkhand. Hyundai Creta’s 1.5 E Diesel costs Rs 11.27 Lakhs (on-road Ranchi, Jharkhand).
Which state car is best in India?
The states cheap in India to buy a new car are Delhi and Himachal Pradesh. But if you want to buy a used car, the best states are Delhi, Maharashtra, Jharkhand and Himachal Pradesh, and you can buy it through Vegfruvyapari.
Is Pondicherry tax free?
Review of Pondicherry. The Main Thing we come to know about that city is that it is tax free. The food is also nice.