Need to rationalise motor vehicle tax: minister
"There is an urgent need to rationalise motor vehicle taxes in order to make the road transport system in the country hassle free and for seamless movement of goods and tourist vehicles," Joshi said at the 34th meeting of the transport development council here.
The development assumes significance as there is a large variation in motor vehicle taxes, base and methodology of collection.
According to Joshi, the sector has to adopt IT solutions for providing seamless movement of vehicles across states. This will reduce transaction costs involved in the movement of goods.
"With this objective in mind, there is a need to rationalise the existing motor vehicle taxation system in order to reap benefits of technology," Joshi said.