Home > Tax Tools & Calculators > New Automobile Cost Calculator Last Updated: Mar 14th 2025
Automobile Cost Calculator helps buyers estimate the cost of buying and owning a new car in your state and across India; calculate GST, Cess, TCS, and Road Tax.
Refer Frequently asked Questions (FAQs) on New Automobile Cost Calculator below.
The EZTax Automobile (4 wheelers) cost calculator is an online application that calculates GST, TCS, and road tax when purchasing a four-wheeler (auto). The EZTax Automobile Calculator estimates the GST, TCS, and road tax that you must pay when purchasing a vehicle. It gives you the overall estimate of the costs that will be incurred while acquiring a vehicle.
The road tax is a state-level tax charged on car ownership and use. Anyone registering a vehicle (4/3/2 wheelers) must pay road tax at the time of registration with the Regional Transport Office. Road Tax, commonly known as life tax, is valid for 15 years in most states.
The government levies TCS on car purchases, and it is mandatory. As proof of TCS collection, you must obtain Form 27D from the automotive seller.TCS is estimated at 1% of the ex-showroom pricing and GST.However, you can claim it as a credit or refund when you file your income tax return.
Yes, the Government of India has granted various exemptions to petrol vehicle owners. Persons who want to acquire fuel cars must pay GST at 5%, and most states provide road tax exemptions. As a result, individuals who want to purchase an electric vehicle can notice a large savings.
Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.