Superbikes in Maharashtra to become expensive by 13%

#hashtags: #Buying #Maharashtra #Maharashtra Transport #RTO #Completely Built Units #CBU

Buying a superbike in Maharashtra is soon going to become an expensive affair. The Maharashtra Transport department has proposed a hike in RTO charges for superbikes sold in the state brought as Completely Built Units (CBU). The proposed hike is of 13%.

Currently, the RTO charge on such full import superbikes is at 7% and the state is planning to levy 20% RTO charges as soon as possible. This new increased rate was expected to come into effect from 1st April, 2016; but no final directive has been...