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

iii. Balance standees i.e. 19-11 =8 standees
Being charged @ Rs.71/-
8 x Rs.71/- = Rs. 568.00
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Total Annual M.V. Tax payable = Rs. 4,103.00
STATEMENT - II
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Method of calculating Motor Vehicles Tax at Quarterly Rate for
reduced or increased carrying capacities :
i) For reduced Carrying Capacities :
If Seating Capacity of a bus is altered from 54 + 23 standees to 51 +
22 standees w.e.f. 17-10-1998 and the vehicle was under non-use
from 18-8-1998 and put back in service on 17-10-1998 i.e. non-use
period was ONE MONTH.
Old Annual Rate for 54 + 23 standees : Rs.3,185.00
New Annual Rate for 51 + 22 standees : Rs. 3,031.00
If seating Capacity is REDUCED then being provisional tax is paid,
we have to see whether the refund is due to us as per BMV Tax Act.
Seating Capacity was reduced from 17-10-1998 Oct. 1998 to March,
1999 i.e. 6 months tax to be calculated to check refund due to us :
As per new Rate of Tax –
Quarterly Rate of Tax for 6 months : Rs. 1,668.00
Provisional Tax paid by us a per old : Rs. 1,593.00
Rate – pro-rata
673
Refund is not due to us, therefore, 11 months Tax to be assessed
as per old rate, pro-rata.
Rs.3,185 x 11 months = Rs.2,920/- Tax payable
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