The HVUT, or Heavy Vehicle Use Tax, is a once a year tax paid by truck drivers or owners of trucking companies. It goes for drivers operating automobiles on our nation's highway, and a lot of the money goes towards maintaining roads, alleviating congestion, keeping the roads safe, and funding new tasks. What is the rate? In the rate or rates enacted by Central Act terrible Assessment Year. It's varies between 10% - 30% of taxable income excluding the basic exemption limit applicable into ...