Jharkhand Motor Vehicle Taxation (Amendment) Act, 2020
Jharkhand Motor Vehicle Taxation (Amendment) Act, 2020
Tax20207 sections
This act amends the Jharkhand Motor Vehicle Taxation Act, 2001 to modify road tax rules. It introduces flexible payment options for vehicles registered before January 31, 2019, allowing owners to pay one-time or yearly installments at their convenience, though penalties apply for delayed payments. New tax rates depend on factors like ownership of multiple vehicles and vehicle cost exceeding 15 lakhs. The legislation updates tax calculation for tractors and trailers and creates new rate schedules based on vehicle age. Vehicle owners must adjust previously paid taxes accordingly.
- 0. Preamble
- 1. Short title, extent and commencement:-
- 2. After sub-section (7) of Section-7 of Jharkhand Motor Vehicles
- 3. The column-6 of Schedule-I Part-"A" of section-7 of Jharkhand Motor
- 4. Sub-Section (7) of in section-7 of the Jharkhand Motor Vehicle Taxation
- 5. Insertion of Part-"D", Part-"E" and Part-"F" in Schedule-I in Section-
- Schedule I. Schedule I
PDF: pending for this language.