The Government of Goa on August 18, 2023, issued a notification regarding the exemption of motor vehicles from the payment of tax leviable under the Goa Motor Vehicles Tax Act, 1974.
The following has been stated: -
•The Government of Goa exempts the motor vehicles registered against submission of “Certificate of Deposit” of the scrapped vehicles, from the payment of tax leviable under the Act to the extent.
•For Transport Vehicle Fifteen percent of tax leviable or fifty percent of the scrap value of transport vehicle as shown on the Certificate of Deposit, whichever is lower will be exempted.
•For Motor vehicles other than transport vehicles Twenty-five percent of tax leviable or fifty percent of transport vehicle the scrap value of motor vehicles other than transport vehicles as shown on the Certificate of Deposit, whichever is lower will be exempted.
The detailed notification is given in the document attached below.
[Notification No. D. Tpt/EST/3041/2022/2304]
