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Amendment of the Schedule.- In the schedule of the Principal Act,- (i) for Part A7 except Notes, the following shall be substituted, namely:- “PART A7 (see section 3(1)) 111 Lifetime Tax for Construction Equipment Vehicles (As defined under clause (cab) of rule 2 of the Central Motor Vehicle Rules, 1989) and vehicles fitted with Air Compressor and Generators Sl No Class of vehicles Percentage of Tax Levied on Construction Equipment Vehicles A At the time of Registration of New Vehicles 8 percent of cost of the vehicle B If the vehicle is already registered and its age from the month of Registration is: Percentage of the Life Time Tax levied under Clause A 1 Not more than 2 years 93% 2 More than 2 Years but not more than 3 Years 87% 3 More than 3 Years but not more than 4 Years 81% 4 More than 4 Years but not more than 5 Years 75% 5 More than 5 Years but not more than 6 Years 69% 6 More than 6 Years but not more than 7 Years 64% 7 More than 7 Years but not more than 8 Years 59% 8 More than 8 Years but not more than 9 Years 54% 9 More than 9 Years but not more than 10 Years 49% 10 More than 10 Years but not more than 11 Years 45% 11 More than 11 Years but not more than 12 Years 41% 12 More than 12 Years but not more than 13 Years 37% 13 More than 13 Years but not more than 14 Years 33% 14 More than 14 Years but not more than 15 Years 29% 15 More than 15 years 25% (ii) for Part A8, the following shall be substituted, namely:- “PART A8 (see section 3(1)) 112 Life time Tax for Motor Cabs other than those registered out-side the State and covered with the permit issued under sub-section (9) of section 88 of the Motor Vehicle Act, 1988 (Central Act 59 of 1988). Sl No Class of vehicles Cost of the vehicle which does not exceeds Rs. 10 Lakhs Cost of the vehicle which exceeds Rs. 10 Lakhs but does not exceeding Rs. 15 Lakhs Cost of the vehicle which exceeds Rs. 15 Lakhs Motor Cabs which run on Electricity having cost of the vehicle which exceed Rs. 25 Lakhs A At the time of Registration of New Vehicles 5 % of the cost of the vehicle 9% of the cost of the vehicle 15% of the cost of the vehicle 10% of the cost of the vehicle B If the vehicle is already registered and its age from the month of Registration is: Percentage of the Life Time Tax levied under Clause A Percentage of the Life Time Tax levied under Clause A Percentage of the Life Time Tax levied under Clause A Percentage of the Life Time Tax levied under Clause A 1 Not more than 2 years 93% 93% 93% 93% 2 More than 2 Years but not more than 3 Years 87% 87% 87% 87% 3 More than 3 Years but not more than 4 Years 81% 81% 81% 81% 4 More than 4 Years but not more than 5 Years 75% 75% 75% 75% 5 More than 5 Years but not more than 6 Years 69% 69% 69% 69% 6 More than 6 Years but not more than 7 Years 64% 64% 64% 64% 7 More than 7 Years but not more than 8 Years 59% 59% 59% 59% 8 More than 8 Years but not more than 9 Years 54% 54% 54% 54% 9 More than 9 Years but not more than 10 Years 49% 49% 49% 49% 10 More than 10 Years but not more than 11 Years 45% 45% 45% 45% 11 More than 11 Years but not more than 12 Years 41% 41% 41% 41% 12 More than 12 Years but not more than 37% 37% 37% 37% 113 13 Years 13 More than 13 Years but not more than 14 Years 33% 33% 33% 33% 14 More than 14 Years but not more than 15 Years 29% 29% 29% 29% 15 More than 15 years 25% 25% 25% 25% ” (iii) for Part C7, the following shall be substituted, namely:- "PART C7 (see section 7(3)) Refund Table for Motor Cab Sl. No. If after the registration removal of vehicles or cancellation of Registration of vehicle taken place. Percentage of Life Time Tax paid to be refunded 1 Within a year 93% 2 After 1 year but within 2 years 87% 3 After 2 year but within 3 years 81% 4 After 3 year but within 4 years 75% 5 After 4 year but within 5 years 69% 6 After 5 year but within 6 years 64% 7 After 6 year but within 7 years 59% 8 After 7 year but within 8 years 54% 9 After 8 year but within 9 years 49% 10 After 9 year but within 10 years 45% 11 After 10 year but within 11 years 41% 12 After 11 year but within 12 years 37% 13 After 12 year but within 13 years 33% 14 After 13 year but within 14 years 29% 15 After 14 year but within 15 years 25% 16 After 15 years Nil ”