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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.
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 133 of IT Act 2025 (Form 27D of IT Act 1961) 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.
The on-road price is the estimated total amount you need to pay to purchase and register a new car. It can include the ex-showroom price, GST, applicable cess, TCS, road tax, registration charges and insurance.
The on-road cost is calculated by adding applicable taxes and purchase-related charges to the vehicle price. Depending on the vehicle and state, the calculation may include GST, GST cess, TCS, road tax, registration charges and insurance.
The ex-showroom price is the vehicle price before adding certain state-level and purchase-related charges. The on-road price includes the applicable taxes, road tax, registration, insurance and other charges, making it closer to the actual amount required to purchase the vehicle.
Yes. Road tax and registration charges can vary between states and Union Territories. The calculator allows you to select the purchasing state so that the estimated cost can be calculated using applicable state-specific factors.
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.