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AC approves 50% per cent waiver on Passenger Tax

Commercial Transport Operators compensated for losses during COVID-19 pandemic

K H News Service by K H News Service
May 3, 2022
in Top News
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Jammu: 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, 2021 to 31st March, 2022.
Rajeev RaiBhatnagar, Advisor to the Lieutenant Governor, Dr.Arun Kumar Mehta, Chief Secretary, J&K and Nitishwar Kumar, Principal Secretary to the Lieutenant Governor attended the meeting.
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, 2022 to 31st March, 2023.
Further, the recovery of the outstanding passenger tax from the owners of the commercial vehicles for the financial year 2018-19 to 2021-22 will be made in four equal instalments on quarterly basis commencing from 1st April, 2022.

 

 

K H News Service

K H News Service

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The publication of “Kashmir Horizon” as an English daily was started with a modest attempt on May 19, 2008.It has been a Himalayan attempt for “The Kashmir Horizon” to survive the challenges posed to journalism in the violence fraught place like Jammu & Kashmir.

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