Bare ActsThe BIHAR FINANCE ACT, 2014

Section 4

Amendment in Schedule-1 of the Bihar Motor Vehicle Taxation Act, 1994, — Serial no

Amendment status not verified — confirm the current text below against the official source.

Amendment in Schedule-1 of the Bihar Motor Vehicle Taxation Act, 1994, — Serial no.-3(a)(ii) of Part-C of schedule-1 of the said Act of 1994 Shall be substituted by the following: - "(ii) One time tax @ 7% of the vehicle cost, excluding VAT, shall be levied at the time of registration for a period of 15 years for taxi/maxi cab/motor cab. Provided that one time tax payable by such vehicle shall be calculated after deducting the tax amount as per schedule-1 which is already paid.

Section 4 – The BIHAR FINANCE ACT, 2014 | DailyLaw.ai