The Central Motor Vehicles (Twenty fourth Amendment) Rules, 2021

Oct 12, 2021 | by Avantis RegTech Legal Research Team

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Commercial Compliance

The Ministry of Road Transport and Highways (MoRTH) on October 5, 2021 has issued the Central Motor Vehicles (Twenty fourth Amendment) Rules, 2021 to further amend the Central Motor Vehicles Rules, 1989. 

In Rule 51A which specifies “Concession in motor vehicle tax”, has been inserted. 

(i) upto twenty-five per cent., in case of non-transport vehicles

(ii) upto fifteen per cent., in case of transport vehicles

Further, this concession shall be available upto eight years, in case of transport vehicles, and upto fifteen years, in case of non-transport vehicles and there shall be no concession in the motor vehicle tax in case of transport vehicles, after eight years, and, in case of non-transport vehicles, after fifteen years.

The Rules shall come into force with effect from April 1, 2022.

[Notification No- G.S.R. 720(E)]

 


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