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AMENDED NOTIFICATION OF THE CENTRAL MOTOR VEHICLES (TWENTY FOURTH AMENDMENT) RULES, 2021 (DATED - 06.10.2021)

Updated on:6th Oct, 2021
This notification shall come into force with effect from 1st day of April, 2022. In the Central Motor Vehicles Rules, 1989, after rule 51, the following rule shall be inserted, namely: - “51A. Concession in motor vehicle tax. - In case the vehicle is registered against submission of "Certificate of Deposit", the concession in the motor vehicle tax shall be,- upto twenty five per cent., in case of non-transport vehicles; and upto fifteen per cent., in case of transport vehicles: Provided that 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. Explanation 1. - For the purposes of this rule, these periods shall be reckoned from the date of first registration in both cases. Explanation 2.- For the purposes of these rules, the expression "Certificate of Deposit" shall have the same meaning as assigned to it in clause (c) of sub-rule (1) of rule 3 of the Motor Vehicles (Registration and Functions of Vehicle Scrapping Facility) Rules, 2021.”.  
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