Maha collects Rs 5-cr fine from tax evading luxury car owners

Press Trust of India  |  Mumbai 

has collected Rs five crore as fine from car owners, who had registered their vehicle outside the state and evaded tax, state transport minister said today.

"The state transport ministry had initiated this action from January 18. 595 luxury cars have been identified so far. The car owners, who reside in the state, had registered their luxury cars outside with an intension of evasion", Raote told reporters outside the 'Vidhan Bhawan' here.



"The fine collected from 94 luxury cars of the 595 is Rs five crore. Once we will complete the procedure of remaining 501 cars, the generation of will be huge", he added.

The Minister also said he is considering to introduce some schemes for luxury car owners, who are found evading by registering the vehicles outside the state.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Maha collects Rs 5-cr fine from tax evading luxury car owners

Maharashtra government has collected Rs five crore as fine from car owners, who had registered their vehicle outside the state and evaded tax, state transport minister Diwakar Raote said today. "The state transport ministry had initiated this action from January 18. 595 luxury cars have been identified so far. The car owners, who reside in the state, had registered their luxury cars outside Maharashtra with an intension of tax evasion", Raote told reporters outside the 'Vidhan Bhawan' here. "The fine collected from 94 luxury cars of the 595 is Rs five crore. Once we will complete the procedure of remaining 501 cars, the generation of revenue will be huge", he added. The Minister also said he is considering to introduce some schemes for luxury car owners, who are found evading tax by registering the vehicles outside the state. has collected Rs five crore as fine from car owners, who had registered their vehicle outside the state and evaded tax, state transport minister said today.

"The state transport ministry had initiated this action from January 18. 595 luxury cars have been identified so far. The car owners, who reside in the state, had registered their luxury cars outside with an intension of evasion", Raote told reporters outside the 'Vidhan Bhawan' here.

"The fine collected from 94 luxury cars of the 595 is Rs five crore. Once we will complete the procedure of remaining 501 cars, the generation of will be huge", he added.

The Minister also said he is considering to introduce some schemes for luxury car owners, who are found evading by registering the vehicles outside the state.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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