It is strange going to another state to buy a product despite it is available in home state, but it is happening in our own country where people from other states are going to Rajasthan to buy heavy-duty trucks. But people could only travel far to buy anything when they save money purchasing the same product from other than home state.
In last few months, Rajasthan has attracted buyers from many North Indian states, including Madhya Pradesh, Uttar Pradesh, Haryana, Punjab and other. Buyers from these states are visiting Rajasthan to buy the trucks from here as Rajasthan government’s reduced the Value added tax (VAT) by 2% over the purchase of heavy-duty trucks, which help the buyers to save good amount of money from overall sales tax, which made Rajasthan a leading seller of trucks in recent time.
The impact of selling a number of trucks has seen in the state government’s earning in first quarter (April-June) of FY 2016-17. During the period, out of Rs 700 crore of revenues from the transport sector, a huge chunk of revenue has come from the sales of trucks, claimed an official from the state government, reported TNN.
VAT on various neighbouring states is higher than Rajasthan, which is helping transporters and other buyers from different sectors who require trucks to purchase it from Rajasthan.
As per the various media reports, State government has asked various heavy vehicle manufacturers and dealers to publicise the taxes in Rajasthan, which could attract buyers from other than north India in coming months.
If you are planning to buy new heavy-duty truck, you can approach to dealers of leading truck manufacturers like Tata Motors, Ashok Leyland, Eicher, Swaraj Mazda, Volvo, Mahindra & Mahindra and other in Rajasthan, purchasing the trucks from Rajasthan based dealers will reduce your overall cost of purchasing the truck.
If you needed used trucks, various online portals which are in the business of buying and selling of second-hand trucks and construction equipment will help you to buy trucks from Rajasthan. Among them, one of the fastest emerging and reliable portal is www.equipmentonestop.com, it will help you to bring second-hand trucks in your budget from Rajasthan and help you to bring it at your doorstep which would further save you money due to reduction in VAT.
As Indian construction equipment market has started reviving after a gap of four years (2012-2014), the sales of trucks also started reviving after a gap of four years as economy back on track and cargo movement increased in the country and rise in infrastructure, construction industry also made a positive impact on rising sales of trucks in the country.
The sale of heavy-duty trucks rose last year and expected to exceed its previous high of 2011 in coming years due to rising number of trucks in current scenario. It seems, the reduction of VAT on buying trucks in Rajasthan will attract truck buyers from various other states in coming months.