The Ministry of Street Transport and Highways on Tuesday issued draft procedures regarding concession in motor auto tax from scrapped motor vehicles, that are established to occur into power from October 1, 2021.
In case the auto is registered from submission of “Certification of auto scrapping”, the concession in motor auto tax will be upto 25 for each cent in case of non-transportation motor vehicles, and in the case of transportation motor vehicles, it will be upto 15 for each cent.
These concessions will be out there upto eight decades, in case of transportation motor vehicles and upto 15 decades, in case of non-transportation motor vehicles and intervals will be reckoned from the day of 1st registration.
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