My estimated tax calculation for you. (FOB price is always calculated from country of manufacturer/origin of that vehicle)
FOB Price (estimated) when new= Rs 1,200,000.00
Rebate=50% on FOB price
=1200000/2= Rs 600000.00
Assessed value= Rs 600000.00
Customs duty= 600000 x 65%= Rs 390,000.00
Sales tax=(Assessed value + customs duty) 600000 + 390000= 990000 x15%= Rs 148500.00
Sub total= 990000 + 148500= Rs 1138500
CVT= 1138500 x 7.5%= Rs 85387.50
Subtotal= 1138500 + 85387.50= Rs 1223887.50
Income Tax= 1223887.50 x 6%= Rs 73433.25
So taxes would be like this
Customs duty= Rs 390,000
Sales Tax =Rs 148,500
CVT =Rs 85,387.50
Income Tax =Rs 73,433.25
Rs 697,320.75
You will pay Rs 697,320.75