Amendment status not verified — confirm the current text below against the official source.
(/J A tax shall be leviable on every motor vehicle In equal msla]menlS for quarterly penods commencing on the first day of Apnl, the first day of July, • the first day of October and the first day of January, 3t '[such rates not exceed- ing l[rupees thirty-five thous,:lIldl per vehicle for a period ofone year, as the State Government may by notl ficallOo direct: Provided that any broken period In such quarterl)' penods shall. for the purpose of levying the tax, be considered as a full period : )[Provided further thaI tn the case of a mOlor-vehicle, registered in any Stale, other ilian the State of Punjab, whIch IS brought m the Stale on the basis of a temporary pemut granted under section 62 of the Molor VehIcles Act. 1939 (Central Act 4 of 1939), tax shall be leviable for the period of duratlon of the temporary permit on fortnightly basis and any broken period ofa fortnight shall, for the purpose of levying the tax, be considered as a full fortnighl.) (1) The tax shall be paid upon a license to be taken out and paid for under the proviSIOns of thiS Act by the person who keeps the motor vehicle for use. 4[(3-A) Notwithstanding anything contamed in lhis Act,- (i) a notification under section 3 may be issued so as to be effective on and from the commencement ofthe Punjab Motor Vehicles Ta.;l(at!on (Amendment) Act, 1981; (ii) the tax. payable by virtue of notification referred to ir. clause (i) for the quarters conunencing on the 1st day of October, 1980, and the 1st day of Jan!Jar)'. !981, may be paid within a period of one month from the date ofpublication of that notification.] '[(J-B) Notwithstanding anything contained in section 3, on and fro:n the cOlTunencemenl of the Punjab Motor Vehicles Taxation (Amendment) Act, 2000, tax on a motor cycle shall be leviable m lump sum, as may be nonfied b}' the State Government on the basis oftbe price ofthe motor cycle, subjcrt to Ule maximum of ten per cent of the value of the motor cycle (3-C) Where an owner of a motor cycle In respect of which tax has been paid in lump sum under section 3-8, ceases to be the resident ofthe State of Punjab and takes alongwlth him such motor cycle or If the ownership of the motor cycle is transferred 10 a person having residence outside the State of Punjab, then partial refund of the lump sum tax so paid, shall be allowed as hereunder specified :- 1 SubsUMed for t1'1c WOI"d "t1'1c IlIlc spee.lied an the Schedule to thIS Acl" by Punjab Act 14 of 19S4 2 Substituted for the word "rupees rwcmy thousand'" by Punjab Act lJ of 1981, sechon 2 3 Added by Punjab Act 9 of 1915, 5tt11()1'1 1 4 Inserted by Punjab Act IJ of 1981, seCllon J 5, Inserted by Punjab Act 12 of 2000, $tttlOl"l~ -- ImpoSHlon of ... Retrospective nOlifiCilion hnJl'O!'lhon of lall. in IufTll sum 00 motor-cycles Refund of In In certam ClseS • ( Serial No.