Increase charge likely for special numbers

19 May 2011 09:33 pm Views - 6987

The Registrar of Motor Vehicles (RMV) is likely to increase charges for registrations with special number-plates from the current Rs.7,500 to Rs.70,000-75,000 shortly, informed sources said.

The charges for a normal registration will also be increased by Rs.300-400 shortly from the current Rs.14,000.

The charges have been increased by 1000 percent and according to the RMV most of the individuals who apply for special numbers are VIP’s, businessmen, architects, doctors, engineers and reputed professionals representing different fields.

The move comes a month after the excise duty on hybrid vehicles and petrol vehicles were increased significantly. Hybrids between 2000 to 3000 CC were increased by 75% and 100% for hybrids above 3,000 CC.

Earlier, there was no excise duty on hybrid vehicles but only 15% tax and a 12% VAT. In the past two months about 3,000 hybrids have been imported into the country. (Supun Dias)