| At the time of registration of new vehicles |
12% of the cost of the vehicle |
14% of the cost of the vehicle |
| If the vehicle is already registered and its age from the month of registration is: |
|
|
| i) Not more than 2 years |
11% of the cost of the vehicle |
13% of the cost of the vehicle |
| ii) More than 2 years but not more than 3 years |
10.5% of the cost of the vehicle |
12.5% of the cost of the vehicle |
| iii) More than 3 years but not more than 4 years |
10% of the cost of the vehicle |
12% of the cost of the vehicle |
| iv) More than 4 years but not more than 5 years |
9.5% of the cost of the vehicle |
11.5% of the cost of the vehicle |
| v) More than 5 years but not more than 6 years |
9% of the cost of the vehicle |
11% of the cost of the vehicle |
| vi) More than 6 years but not more than 7 years |
8.5% of the cost of the vehicle |
10.5% of the cost of the vehicle |
| vii) More than 7 years but not more than 8 years |
8% of the cost of the vehicle |
10% of the cost of the vehicle |
| viii) More than 8 years but not more than 9 years |
7.5% of the cost of the vehicle |
9.5% of the cost of the vehicle |
| ix) More than 9 years but not more than 10 years |
7% of the cost of the vehicle |
9% of the cost of the vehicle |
| x) More than 10 years but not more than 11 years |
6.5% of the cost of the vehicle |
8.5% of the cost of the vehicle |
| xi) More than 11 years but not more than 12 years |
6% of the cost of the vehicle |
8% of the cost of the vehicle |
| xii) More than 12 years |
5.5% of the cost of the vehicle |
7.5% of the cost of the vehicle |