section 4
Amendment in Schedule-1 of the Bihar Motor Vehicle Taxation Act, 1994,
The Bihar Finance Act, 2014Tax20145 sections
Statutory text
Serial no.-3(a)(ii) of Part-C of schedule-1 of the said 1994 Shall be substituted by the following: - "(ii) One time tax @ 7% of the vehicle cost, excluding VAT, shall be levied at the time of registration for a period of 15 years for taxi/maxi cab/motor cab. Provided that one time tax payable by such vehicle shall be calculated after deducting the tax amount as per schedule-1 which is already paid."
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