Issues - Octroi Tax in Mumbai

vcash · 4th November 2009, 20:04

Hey Guys - The 2002 Palio that I just bought has a Lonavla registeration but is currently registered with the Pune RTO (The car was bought there as well.)

I am now getting it re-registered in Mumbai and wanted to know if I would have to pay Octroi? I was told by someone that any car more than 3 years old is exempt from OCtroi - Is this correct? Thanks.

GTO · 5th November 2009, 10:15

Quote:

Originally Posted by vcash

I was told by someone that any car more than 3 years old is exempt from OCtroi - Is this correct? Thanks.

You think the BMC is so generous

? Nope, you'd have to pay octroi based on the current book value of the car.

4th November 2009, 20:04	#16
vcash BHPian Join Date: Dec 2006 Location: Los Angeles Posts: 453 Thanked: 22 Times	Hey Guys - The 2002 Palio that I just bought has a Lonavla registeration but is currently registered with the Pune RTO (The car was bought there as well.) I am now getting it re-registered in Mumbai and wanted to know if I would have to pay Octroi? I was told by someone that any car more than 3 years old is exempt from OCtroi - Is this correct? Thanks.
	() Thanks