Govt. of Karnataka issued a notification regarding the order to remove the difficulties in the implementation of the provisions of section 3 of the Karnataka Motor Vehicles Taxation Act, 1957

Sep 13, 2023 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Government of Karnataka on September 11, 2023, issued a notification regarding the order to remove the difficulties in the implementation of the provisions of section 3 of the Karnataka Motor Vehicles Taxation Act, 1957.

The following has been stated: -

•The following difficulties had arisen in giving effect to the provisions of the Karnataka Motor Vehicles Taxation (Amendment) Act, 2023 namely: - i. Lifetime tax for goods vehicles having gross vehicle weight exceeding 5,500 kgs in weight-laden, whether used for hire or reward or not; ii. Lifetime tax for motor cabs the cost of which exceeds rupees ten lakhs; and iii. Other consequential amendments to section 4.

•The provisions of the Karnataka Motor Vehicles Taxation (Amendment) Act, 2023, shall come into force with effect from November 01, 2023.

The detailed notification is given in the document attached below.


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