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 V*P’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.