Karnataka Motor Vehicles Taxation (Amendment) Bill, 2023

Jul 24, 2023 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Government of Karnataka on July 21, 2023, published the Karnataka Motor Vehicles Taxation (Amendment) Bill, 2023 to further amend the Karnataka Motor Vehicles Taxation Act, 1957

The following has been amended namely: -

• In the Schedule 

(1) in Part 'A',- (i) in item No. 2 which states” Invalid carriages” for the words "Invalid carriages", the words "invalid carriages/Adapted vehicle/Divyangjan (availing GST Concession)" shall be substituted; 

(ii) in item 3 which states “Goods Vehicles including mobile canteen, mobile library van, mobile workshop, mobile clinic, X-Ray van, Cash van” in sub-item (1), clause (c) and entries relating thereto shall be omitted;

(iii) in item No. 8 which states “Omni buses and private service vehicles” in sub-item (f),- (a) in clause (i), in column (2), for the figures "20.00", the figures “100.00 ” shall be substituted; (b) in clause (ii), in column (2), for the figures "80.00", the figures “200.00 ” shall be substituted;

(2) for PART A6 of the Principal Act, the following shall be substituted, namely: -

 15 “PART A6 (see section 3(1)) Life time tax for goods vehicles having gross vehicle weight exceeding 1,500 Kgs. But not exceeding 12,000 Kgs. In weight laden, whether used for hire or reward or not.

 

[Notification No. LA Bill No. 09 of 2023]


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