Its actually sometimes more than 40% and that's not even for luxury cars.
Here's[1] an example for a car costing a million INR, taxes are more than 300K. That's not the final landing price. Final price adds up extra road tax component that is anywhere from 13 to 17%(or even more) which is calculated on top of the 1 Million.
In case you missed it, that's tax on tax i.e. double taxation! Some courts have ruled it illegal but majority of state governments act ignorant and just continue the practice.
Here's[1] an example for a car costing a million INR, taxes are more than 300K. That's not the final landing price. Final price adds up extra road tax component that is anywhere from 13 to 17%(or even more) which is calculated on top of the 1 Million.
In case you missed it, that's tax on tax i.e. double taxation! Some courts have ruled it illegal but majority of state governments act ignorant and just continue the practice.
1. https://www.team-bhp.com/forum/indian-car-scene/235811-query...