Amendment of Section 3

Section 3 of the Principal Act shall be substituted by the following namely: “3. Levy of Tax : (1) The Government, may, by notification in the Official Gazette from time to time, direct that a tax shall be levied on every motor vehicles, fitted with Pneumatic tyres, used and kept for use in a public place in the State of Mizoram (2) Tax shall be levied in respect of all motor vehicles described in column (1) of scheduled-I at the rate not exceeding the maximum specified in the corresponding entry in column(2) of the said Schedule. (3) Life time tax shall be levied in respect of all 2-wheelers, 3-wheelers of motor vehicles and LMV/motor cars coming under non-transport category and all motor cabs/Taxis including 3-wheelers taxis and maxi cabs, operated and kept for operating within the State of Mizoram, as described, in Schedule-II at the rate specified in the said Schedule of this Act on their first registration in Mizoram. Provided that no tax shall be levied in respect of motor vehicles as specified in sub-section (3) of this Section where the motor vehicle is more than two years old from its original registration, entering from other State into the rolls of this state, by way of transfer of its registration as provided under section 47 (1) of the Motor Vehicles Act, 1988". Provided further that in respect of a chasis of motor vehicles passing through this State from a manufacturer to a dealer under temporary certificate of registration for a period not exceeding seven days, the rate of tax shall be one-twentieth of the payable for a quarter specified in column(2) of Schedule-I.