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No. 11] CHANDIGARH, FRIDAY, MARCH 12, 2021 (PHALGUNA 21, 1942 SAKA)
PART I
Punjab Government Notifications and Orders
(TO BE SUBSTITUTED BEARING THE SAME NUMBER AND DATE) GOVERNMENT OF PUNJAB
DEPARTMENT OF TRANSPORT
(TRANSPORT-II BRANCH)
NOTIFICATION
The 12th February, 2021
No. 3/2/2011-2T2(PFII)/208.-In exercise of the powers conferred by -section 3 of the Punjab Motor Vehicles Taxation Act, 1924 (Punjab Act, No. 4 of 1924) amended, 2007) and all other powers enabling him in this behalf, the Governor of Punjab is pleased to make the partial modification in Government of Punjab, Department of Transport, Notification No. 2/2/2011-2T2/1475 dated 31 August 2012, No.3/2/2011-2T2/83503/1 dated 8th August 2013, No.3/2/2011-2T2/17 dated 7th October 2014, and No.3/2/2011-2T2/1061555/1 dated 08.09.2017 as under:-
AMENDMENT
In the said notification under heading Personalized Vehicles Sr. No. 1 and 2 shall be substituted as under :-
Sr. Categories of Motor Vehicle Rate of Motor Vehicles Tax
No.
1. Personalized Motor Vehicles
(i) If the value of the motor cycle does Seven percent of the actual price of the motor cycle
not exceed rupees One Lakh (excluding taxes, if any) in lump-sum
(ii) If the value of the motor cycle Nine percent of the actual price of the motor cycle
exceed rupees One Lakh (excluding taxes, if any) in lump-sum
2. (iii) Personalized Vehicles
(a) Actual price of the four wheeled Nine percent of the actual price of the motor Vehicles Personalized upto 15 Lakh (excluding taxes, if any) in lump-sum
(b) Actual price of the four wheeled Eleven percent of the actual price of the Motor Vehicles Personalized vehicle above 15 Lakh (excluding taxes, if any) in lump-sum
2. This notification will be come into force with immediately effect from 15.02.2021
K.SIVA PRASAD Principal Secretary to Govt. of Punjab, Chandigarh The 12th February, 2021 Department of Transport.