(See sections 2(1) and 4(1) (d))

Construction Equipment Vehicles. Part-I New Motor Vehicles. At the time of registration. Rate of life tax (per cent of the cost of the vehicle). 8 per cent. Part-II Old Motor Vehicles. At the time of assigning new registration mark under section 47 of the Motor Vehicles Act or old motor vehicles plying and registered in this State, and if it’s age from the month of such registration is,— Rate of life tax. (per cent of the cost of the vehicle) 1. Not more than one year. 7.75 per cent. 2. More than one year but not more than two years. 7.50 per cent. 3. More than two years but not more than three years. 7.25 per cent. 4. More than three years but not more than four years. 7.00 per cent. 5. More than four years but not more than five years. 6.75 per cent. 6. More than five years but not more than six years. 6.50 per cent. 7. More than six years but not more than seven years. 6.25 per cent. 8. More than seven years but not more than eight years. 6.00 per cent. 9. More than eight years but not more than nine years. 5.75 per cent. 10. More than nine years but not more than ten years. 5.50 per cent. 11. More than ten years but not more than eleven years. 5.25 per cent. 12. More than eleven years. 5.00 per cent.