The Bihar Motor Vehicle Taxation (Amendment) Act, 2018
The Bihar Motor Vehicle Taxation (Amendment) Act, 2018
Tax20182 sections
This Act amends the Bihar Motor Vehicle Taxation Act, 1994 to establish specific tax rates for buses based on their seating capacity and price. It sets tax percentages ranging from 8% to 12% depending on the bus size. Additionally, the law provides tax exemptions or reduced rates for large buses, specifically those with over 1,000 seats, if they are used for government purposes. This change aims to regulate vehicle taxation and offer financial incentives for public transport services operated by the state.
PDF: pending for this language.