By News18
Bangalore has been hitting the headlines, not just for its never-ending traffic but for its great car culture lately. It has been listed as the top city with the most supercars and bikes. Recently, a red Ferrari SF90 Stradale became the talk of the town after the owner agreed to pay a tax or fine of Rs 1.42 crore. Sounds shocking, right?
According to the reports, the owner has been found guilty of ditching the lifetime tax on the vehicle in the city. He has been using the car in Karnataka with a registration plate from Maharashtra, and did not pay the tax to the Karnataka government for using his car in the state.
Caught By Tracking
The report says that, after spotting the vehicle more than once, the concerned authorities have tracked the model and found out the taxation fraud. The RTO officers have escalated the matter to the higher department, where they are being directed to seize the car if the owner fails to comply.
However, after being caught, the owner agreed to pay all the lifetime tax on his expensive set of wheels, escaping to not getting ban on using his super expensive car in the Karnataka government.
Why he has to pay?
According to the transport rule in Karnataka, any vehicle that is registered outside the city is legally allowed to operate only for 1 year. But the owner did not care and kept on using his performance-oriented car with an MH number plate for over 18 months. This makes him/her eligible to pay the remaining tax to the state government.
Mumbai Vs Karnataka Tax Difference
Wondering why he must he done this? Well, the taxation on vehicles in Maharashtra is quite less compared to Karnataka. The government usually takes a flat Rs 20 lakh on such cars in financial capital, while Karnataka usually charges a double figure on high-end cars. In order to save some decent money on tax, the owner might have taken the riskier way.