Government of Madhya Pradesh extended the date levying of tax on such Tractor Trailer and Harvester combine vehicles

Sep 22, 2022 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Government of Madhya Pradesh on September 21, 2022, had previously issued a departmental Notification No. F 22-12-2015-VIII dated  May 23, 2015, in which such Tractor Trailer and Harvester combine vehicles owned by persons other than bonafide agriculturists intended to be used for agricultural purposes which were going to be registered in the State of Madhya Pradesh during the next three years. the leviable lifetime tax was reduced from 6% to 1% under sub-section (1) of Section 3 of the said Adhiniyam.

Therefore, the State Government hereby further extends the levying of a relaxed rate of tax on the said categories of vehicles for a period of two years which shall be deemed to be effective from May 23, 2022.

[Notification No. F22-12-2015- VIII.]


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