Bare ActsThe Maharashtra Motor Vehicles (Taxation of Passengers) Act

Section 3

Levy of tax on passengers carried by stage carriages

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

( 1 ) 1 * * 2 * *, there shall be levied and paid to the State Government a tax on all 3 [passengers carried by road in stage carriages] 4 [at such rate to be fixed by the State Government from time to time by order in the Official Gazette as would yield an amount not exceeding twenty per cent.] of the inclusive amount of fares payable to the operator of a stage carriage. 5 * * * * * * * * * * * * * * * * ( 2 ) After calculating the total amount of tax payable under sub-section ( 1 ) out of the total amount received by an operator during each month on account of inclusive fares in respect of the stage carriage or stage carriages held by him 6 * * * the total amount of tax shall wherever necessary be rounded off to the nearest naya paisa, fractions of half a naya paisa and over being counted as one and less than half being disregarded.

Section 3 – The Maharashtra Motor Vehicles (Taxation of Passengers) Act | DailyLaw.ai