Amendment status not verified — confirm the current text below against the official source.
In the Kerala Motor Vehicles Taxation Act, 1976 (19 of 1976),-- (1) for section 25, the following section shall be substituted, namely: -- "25. Surcharge on Tax.-- The amount of tax leviable under sub-section (1) of section 3 shall, in the case of any Motor Vehicle referred to in subitem (iii) of item 7 of the Schedule, the registered owner of which is a fleet owner, be increased by a surcharge at the rate of forty percent of the tax so leviable: Provided that no surcharge is leviable from the vehicles owned by State Transport Undertaking.". (2) in Annexure -I, under the heading "ONE TIME TAX" in serial number A, for the entries in column 3 against items 1, 2, 2A, 4,5, 6, 7 and 7A,, the following entries shall, respectively, be substituted, namely:-- "9% of the purchase value of the vehicle 11% of the purchasevalue of the vehicle 21% of the purchase value of the vehicle 7% of the purchase value of the vehicle 9% of the purchase value of the vehicle 11% of the purchase value of the vehicle 16% of the purchase value of the vehicle 21% of the purchase value of the vehicle."