Thank you everyone for the info. Went to the excise office and all the things were done within almost an hour. I was pleasantly shocked to see how the things were quite streamlined and nothing to worry unnecessary.
For future owners in isb. Just go to the office around 9am first get the forms from the information counter fill it out. get to the new registration counter get it verified from the officer there he will tell you to go outside to the inspector who is sitting almost outside on the right side of gate, get your vehicle inspected(he will check your chassis number and engine number) and will sign the form.
Go to the same new vehicle registration counter he will give those forms to the person sitting on the adjacent counter and he will feed the details in system and tell you the fee and give you the printout of computerized form F. Just give the said fee to him and sign the form F after carefully verifying the form for any mistakes.
After that he would give you a computerized receipt of the dues collected and your registration number will be mentioned on that as well. He will stamp and sign it and would tell you to go to the number plates issuing counter. And Voila you are done.
In my case the number allotted to me was not yet available he told me to come tomorrow to collect the number plates.
Amazing and hassle free process very much impressed.
Hint: Just make sure you got all the documents photocopied for your own reference. And purchase the file cover from the photocopy shop available there as they do mind if we just gave them the forms without file cover
My total fee was as follows:
Reg fee = 20980
Motor Vehicle Tax = 384
Income tax = 5000
Advance Tax = 25000
Smart Card Fee = 1462
Total = 52826
Plus they charge me 1000Rs for the number plates.
I asked about the Advance tax that it is already paid as per GD(General Declaration/Bill of Lading). The guy told me that if i myself would've imported the vehicle in my name then they wouldn't charge it as it was in the name of FAW hence the charge. They charge the Advance Tax 25000 for the transfer fee from FAW to my name.
Hope this would be helpful for future owners. Would recommend everyone to register there vehicles themselves.
I went around 10 and was done with everything around 11:15
p.s: Im a non filler for filler the advance tax would've been around 5000