Administration Manual - B.E.S.T. Undertaking.

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vehicle is altered or proposed to be used, an additional tax of a sum
equal to the difference between the amount of the tax payable for such
unexpired portion at the higher rate and the rate at which the tax was
paid before the alteration or use of the vehicle for that portion.
Sec.9(1):- Where any tax is paid in advance for any period in respect of
a motor vehicle and where the registered owner surrenders to the
Taxation Authority, (the certificate of taxation issued in respect of such
vehicle declaring that he will not, during the whole or part of the
unexpired portion of the period for which tax has been paid) use or
keep for use in any public place in the State the motor vehicle from the
date specified in the declaration, such owner shall, on application
made in that behalf, and subject to the such conditions (if any), as may
be prescribed (and on production of a certificate of non-use of the
vehicle issued by the Taxation Authority) be entitled to a refund of a
sum equal to one twelfth the annual rate of tax levied in respect of
such vehicle for every (completed period of thirty days irrespective of
whether such period falls in one calendar month or not).
STATEMENT – I :
Method of calculating Motor Vehicles Tax at Annual Rate :
The Seating Capacity of bus is 47 and Standing Capacity is 19.
i. For 47 passengers @ Rs. 71/-per
seat per year as per
Schedule IV (2) – 47 x Rs. 71/- = Rs. 3,337.00
ii. Standees up to 25% of Seating Capacity
i.e. 25% of 47 = 11
11 Standees to be charges @ 25% of
Rs.71/- i.e. @ Rs. 18/-
11 x Rs. 18/- = Rs. 198.00