Originally posted by Divya Sharan
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Approved and merged!
We are a 2 wheeler forum only, so let's assume you're talking about bike X.
There are 2 ways you can currently go about it if you're adamant with bringing X to BLR.
1. Carry the original invoice of car purchase, with the original RC card. Get a PUC done in Kerala and carry petrol pump receipts (and toll receipts) to prove that you have stayed in BLR for less than 30 days. Avoid middlemen and head to the RTO and pay only the lifetime road tax. No need to get KA reg plates.
But the catch is, you will not recover any money after a year when you plan to leave BLR.
2. Get an NOC from KL RTO. Now, carry the same stuff as mentioned above - PUC, original invoice, RC, petrol pump/toll receipts and head to BLR RTO and apply for KA plates + lifetime tax. After a year, you can apply for a refund from the RTO and pray that you get your money back in under 6 months of time. Purely based on your luck.
If you then head back to KL, you'll have to repeat the same steps again.
If I were you and I had to return back to KL after a year, I'd not bother bringing X here.
However, the formula for calculating LTT here is:
Tax on Depreciated value of X (as per the original invoice, or KA RTO records in its absence) + Cess@10% of the depreciated value + Cess@1% of the depreciated value.
Say, the depreciated cost of X is 2L now. Tax is 18% IIRC. (maybe wrong here)
So total tax = 18% of 2L + 10% of (18% of 2L) + 1% of (18% of 2L) = 39,960.
This is just LTT. For option 2, you'll have to spend more for KA plates. If you opt for option 1, you lose all this money after a year.
Better get a scooter and sell it while moving back.
We are a 2 wheeler forum only, so let's assume you're talking about bike X.
There are 2 ways you can currently go about it if you're adamant with bringing X to BLR.
1. Carry the original invoice of car purchase, with the original RC card. Get a PUC done in Kerala and carry petrol pump receipts (and toll receipts) to prove that you have stayed in BLR for less than 30 days. Avoid middlemen and head to the RTO and pay only the lifetime road tax. No need to get KA reg plates.
But the catch is, you will not recover any money after a year when you plan to leave BLR.
2. Get an NOC from KL RTO. Now, carry the same stuff as mentioned above - PUC, original invoice, RC, petrol pump/toll receipts and head to BLR RTO and apply for KA plates + lifetime tax. After a year, you can apply for a refund from the RTO and pray that you get your money back in under 6 months of time. Purely based on your luck.
If you then head back to KL, you'll have to repeat the same steps again.
If I were you and I had to return back to KL after a year, I'd not bother bringing X here.
However, the formula for calculating LTT here is:
Tax on Depreciated value of X (as per the original invoice, or KA RTO records in its absence) + Cess@10% of the depreciated value + Cess@1% of the depreciated value.
Say, the depreciated cost of X is 2L now. Tax is 18% IIRC. (maybe wrong here)
So total tax = 18% of 2L + 10% of (18% of 2L) + 1% of (18% of 2L) = 39,960.
This is just LTT. For option 2, you'll have to spend more for KA plates. If you opt for option 1, you lose all this money after a year.
Better get a scooter and sell it while moving back.
please help!!!
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