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It operates under the Transport Department of the State Government. It is responsible for maintaining a database of drivers and a database of vehicles [1] for various states of India. The RTO issues driving licences, [2] organises collection of vehicle excise duty (also known as road tax and road fund licence) and sells personalised ...
The annual motor vehicle tax was replaced by the road traffic insurance tax which came into effect on 1 January 2018 and is paid through the yearly compulsory liability insurance for motor vehicles. [30] [31] While commonly referred to as a "veiavgift" ("road tax"), no road tax has ever existed in Norway.
The system of Value Added Tax (VAT) has been implemented, in the State of Maharashtra, w.e.f. 1 April 2005. Every dealer, who becomes liable to pay tax under the provisions of MVAT, shall apply electronically for registration, within 30 days from the date of such liability. VAT is implemented by Department of Sales Tax.
The Motor Vehicles Act is an Act of the Parliament of India which regulates all aspects of road transport vehicles. The Act provides in detail the legislative provisions regarding licensing of drivers/conductors, registration of motor vehicles, control of motor vehicles through permits, special provisions relating to state transport undertakings, traffic regulation, insurance, liability ...
On 26 August 2021, the Ministry of Road Transport issued a notification [5] regarding a unified pan-India registration of private vehicles. This special registration process was introduced to ease inter-state mobility by eliminating the hassles of re-registering a vehicle when its owner relocates to a new state or Union Territory.
In 2006, the government of India imposed a new tax structure, which massively impacted the segment. It enables vehicles shorter than 4.0 metres (157.5 in) to qualify for a significantly lower excise duty, which is 8 percent as opposed to 20 percent for longer vehicles. [20]
A variety of vehicles waiting at a junction in Delhi. Driving in India is governed by various legal powers and in some cases is subject to the passing of a driving test. The Ministry of Road Transport and Highways, a branch of the Government of India, is the apex body for formulation and administration of the rules, regulations and laws relating to road transport, national highways and ...
From 1 May 2018 onwards Ministry of Finance of Government of India started releasing monthly GST revenue collection data via official press release through Press Information Bureau. And to further improve transparency Government of India started issuing state-wise monthly collection data from 1 January 2020.