The Government of Karnataka on March 07, 2024, notified the Karnataka Motor Vehicles Taxation (Amendment) Act, 2024 further to amend the Karnataka Motor Vehicles Taxation Act, 1957.
The following has been amended-
•In section 3, in sub-section (1), in the fourth proviso, for clause (c), the “(c) In case of Construction Equipment Vehicles (as defined in clause (cab) of rule 2 of the Central Motor Vehicles Rules, 1989) and vehicles fitted with air compressor and generator, tax shall be levied at the rates specified in Part- A7 of the schedule.” shall be substituted.
•In section 3-A, after sub-section (1) the “(1A) In addition to the existing cess of the tax levied under Section 3 on the Motor Vehicles registered under the Motor Vehicles Act,1988 (Central Act 59 0f 1988), 3% additional cess shall be levied and collected on the transport vehicles for the purpose of the Karnataka Motor Transport and Other Allied Workers Social Security and Welfare Fund.” shall be inserted.
[Notification No.164]
