Bare ActsKerala Finance Act, 2022

Section 5

Amendment of Act 19 of 1976.--

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) in section 3A, for the existing TABLE, the following TABLE shall be substituted, namely:--  “Table Sl. No. Class and age of Vehicle Rate of Green Tax (in Rupees) Incidence of levy (1) (2) (3) (4) 1. Non Transport Vehicles having four or more wheels and completed 15 years from the date of its registration 600 for every five years At the time of renewal of registration. 2. (i)    Light Transport Vehicles having four or more wheels and have completed 10 years from the date of its registration (ii)    Light Transport Vehicles having four or more wheels and have completed 15 years from the date of its registration 200 for every year 300 for every year } At the time of renewal of fitness certificate 3. (i) Medium Transport Vehicles which have completed 10 years from the date of its registration 300 for every year } At the time of renewal of fitness certificate (ii) Medium Transport Vehicles which have completed 15 years from the date of its registration 450 for every year 4. (i) Heavy Transport Vehicles which 400 for every } have completed 10 years from the date year of its registration At the time of renewal (ii) Heavy Transport Vehicles which of fitness certificate have completed 15 years from the date 600 for every of its registration year } 5. Diesel powered Light Motor Vehicles 1000 At the time of new registration 6. Diesel powered Medium Motor 1500 At the time of new Vehicles registration 7. Diesel powered Heavy Motor Vehicles 2000 At the time of new registration 8. Other diesel powered vehicles except 1000 At the time of new Motor Cycles registration”; (2) in the proviso to the SCHEDULE, after paragraph (7), the following paragraph shall be added, namely:-- "(8) in the case of Caravan coming under item (iii) of serial number 11 of the SCHEDULE, the trimonthly tax rate will be reduced to fifty per cent for the rental and contract Caravans of Tourism Department subject to the conditions as may be specified by the Government."; (3) in Annexure I, in serial number A,-- (a) in item 1, in column 3, for the figures and symbol "10%", the figures and symbol "11%" shall be substituted; (b) in item 2, in column 3, for the figures and symbol "12%", the figures and symbol "13%" shall be substituted.

Section 5 – Kerala Finance Act, 2022 | DailyLaw.ai