Goa Motor Vehicles Tax (Amendment) Ordinance, 2023

Dec 21, 2023 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Government of Goa on December 20, 2023, issued the Goa Motor Vehicles Tax (Amendment) Ordinance, 2023.

The following amendments have been stated:

• In the Schedule, which states “Taxation”:

(i) In PART ‘A’,

(I) In item (A), -

1. After the entry against sub-item (I), the following sub-item shall be inserted, namely:

“(I) (a) Motorcycles used for renting under Rent a Motor Cycle Scheme, 1997:

The rates of tax as specified for motorcycles in clauses (1), (2) and (3) of item (B) of PART ‘B’ as one-time tax at the time of registration of the new vehicle.”

2. (3) Motorcycle, irrespective of its horsepower, whose cost exceeds Rs. 3.0 lakhs:

15% of the cost of the motorcycle, provided the maximum total tax is Rs. 1.5 lakhs.

3. Tricycle for every 25 kgs., weight or part thereof – Rs. 150/-

This notification will come into force from December 20, 2023.

[Notification No 8/5/2023-LA] 


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