Amendment status not verified — confirm the current text below against the official source.
Subs. by section 8 ibid. (2) The fund established under sub-section (1) shall be administered and utilized in such manner, as may be prescribed. State Urban Transport Fund 8.A (1) For the purpose of development of transport infrastructure road safety and control of air pollution in urban area, the State Government shall establish a fund to be known as “the State Urban Transport Fund”. The Cess collected under sub-section (5) of section 4 shall be credited to the said fund. (2) The fund established under sub-section (1) shall be administered and utilized in such manner, as may be prescribed.]1 Payment of tax and penalty