Administrative Council approves fifty percent waiver of Passenger Tax

Administrative Council approves fifty percent waiver of Passenger Tax
Administrative Council approves fifty percent waiver of Passenger Tax
Administrative Council approves fifty percent waiver of Passenger Tax
Compensates Commercial Transport Operators for losses on account of COVID-19 pandemic
JAMMU, FEBRUARY 02 2022
In a significant move, the Administrative Council (AC), which met under the chairmanship of Lieutenant Governor, Manoj Sinha, approved the waiver/exemption of fifty percent (50%) of Passenger Tax chargeable on various vehicles from 1st April, 2020 to 31st March, 2021.
Farooq Khan and Rajeev Rai Bhatnagar, Advisors to the Lieutenant Governor, Dr. Arun Kumar Mehta, Chief Secretary, J&K and Nitishwar Kumar, Principal Secretary to the Lieutenant Governor attended the meeting

READ MORE :-AC transfers land for the construction of housing colonies at Srinagar

The decision will address the genuine demand of the operators of commercial transport who have suffered losses on account of COVID-19 induced nation-wide lockdown and restrictions leading to non-operationalization of the public transport.
For owners of commercial vehicles, who have already deposited the passenger tax for aforesaid period in full, the excess amount paid thereof by them shall be adjusted against the liability accrued or accruable in the next financial year i.e for the time period of 1st April, 2021 to 31st March, 2022.
Spread the love