Notification regarding Concession in Motor Vehicle Taxes against submission of Certificate of Vehicle Scrapping
The Ministry of Road Transport and Highways issued draft rules regarding concession in motor vehicle tax against scrapped vehicles. If the vehicle is registered against submission of "certificate of scrapping", the concession in motor vehicle tax will be upto 25 per cent in case of non-transport vehicles, and in the case of transport vehicles, it will be upto 15 per cent. These concessions will be available upto eight years, in case of transport vehicles and upto 15 years, in case of non-transport vehicles and periods will be reckoned from the date of first registration.
