What is the excise refund on a brand new tourist permit vehicle in Mumbai, India? (Volkswagen Vento 2015 highline MT)?

To understand the process and calculation for a road tax refund on a brand new vehicle in India, including a Volkswagen Vento 2015 Highline MT, here are the key points:

Road Tax Payment

• Road tax in India is typically paid at the time of vehicle registration and is calculated as a percentage of the vehicle's cost. For a Volkswagen Vento, which falls into the category of four-wheelers, the tax rates vary based on the vehicle's cost and type (petrol or diesel)14.

Refund Eligibility

• A refund of road tax can be claimed under specific circumstances, such as when the vehicle is permanently discarded, transferred to another state, or if the owner is eligible for a refund due to other valid reasons14.

Calculation of Refund

• The refund amount is calculated based on the remaining period for which the road tax has been paid. For example, if you are transferring the vehicle to another state, you would need to apply for a refund from the RTO of the state where the vehicle was initially registered. The RTO will calculate the refund amount based on the unused period of the road tax paid14.

Specifics for Mumbai

• Since Mumbai falls under the Maharashtra state regulations, the refund process would be governed by the Maharashtra Motor Vehicles Rules. You would need to apply to the RTO in Mumbai with the necessary documents, including a certificate of taxation and proof of the reason for the refund claim (e.g., transfer to another state or permanent discard of the vehicle)14.

Documents Required

• To claim a refund, you must submit an application to the RTO, along with a certificate of taxation and other relevant documents. The application must be made within six months from the date of the event that makes you eligible for the refund14.

In summary, while the exact percentage of the refund would depend on the specific circumstances and the unused period of the road tax, you would need to follow the refund procedure outlined by the RTO in Mumbai, providing all necessary documents and meeting the eligibility criteria. The tax percentage for a Volkswagen Vento 2015 Highline MT in Maharashtra would typically be around 12% to 18% of the vehicle's cost, depending on whether it is a petrol or diesel variant, but the refund calculation will be based on the remaining period for which the tax was paid14.