THE KARNATAKA MOTOR VEHICLES TAXATION (AMENDMENT) ACT, 2018
(Received the assent of Governor on the 18th day of July, 2018)
(First Published in the Karnataka Gazette Extra-ordinary on the 19th day of July, 2018)
An Act further to amend the Karnataka Motor Vehicles Taxation Act, 1957.
Whereas, it is expedient further to amend the Karnataka Motor Vehicles Taxation Act, 1957 (Karnataka Act 35 of 1957) for the purpose hereinafter appearing:
Be it enacted by the Karnataka State Legislature in the Sixty Ninth year of the Republic of India as follows:-
1. Short title and commencement:- (1) This Act may be called the Karnataka Motor Vehicles Taxation (Amendment) Act, 2018.
(2) It shall come into force with effect from the first day of August, 2018.
2. Amendment of Schedule:- In the Karnataka Motor Vehicles Taxation Act, 1957 (Karnataka Act 35 of 1957), in the schedule, in Part A, for item 8 (A) the following shall be substituted, namely:-
"8(A)
|
Omini Buses and Private Service Vehicles held under lease agreement with industrial undertakings or companies for the purposes of providing transport conveyance to their employees from residence to factories/ companies vice-versa and such industrial undertakings or companies being holder of permit of such vehicles
|
|
|
(a) Having floor area exceeding 5 square metres but not exceeding 6 square metres, for every square metre.
|
1650-00
|
|
(b) Having floor area exceeding 6 square metres but not exceeding 9 square metres, for every square metre.
|
1800-00
|
|
(c) Having floor area exceeding 9 square metres
but not exceeding 12 square metres, for every square metre.
|
1950-00
|
|
(d) Having floor area exceeding 12 square metres, for every square metre.
|
2250-00"
|
|
