The Government of Karnataka on March 31, 2022 has issued The Karnataka Motor Vehicles Taxation (Amendment) Act, 2022 to further amend the Karnataka Motor Vehicles Taxation Act, 1957. This has come into force from April 1, 2022.
The Section 4(1) which states “Payment of Tax” has been amended namely: -
• Clause (i) has been substituted namely: -
“The tax levied under section 3 shall be paid in advance by the registered owner or person having possession or control of the motor vehicle, for a quarter, half-year or year, at his choice, within a month from the commencement of such quarter, half-year, or year as the case may be.
• Following proviso has been inserted namely: -
“Provided that the tax in respect of vehicle to be paid quarterly amounting to Rupees thirty thousand and above may be paid monthly on pro-rata basis before the expiry of validity of tax and subject to such condition as may be specified by the Government from time to time.”
[Notification No. 18 OF 2022]
