Draft rules regarding concession in motor vehicle tax against scrapped vehicles

Category : Politics & Social | Sub Category : Social Posted on 2021-03-30 15:02:53

MoRT&H has published draft rules regarding concession in motor vehicle tax against scrapped vehicles, which is proposed to come into force from 1 October 2021. 

In case the vehicle is registered against submission of Certificate of vehicle scrapping, the concession in motor vehicle tax shall be (i) upto 25 %, in case of non-transport vehicles (ii) upto 15 %, in case of transport vehicles.

These concessions will be available upto eight years, in case of transport vehicles & upto 15 years, in case of non-transport vehicles and periods will be reckoned from the date of first registration.