Green tax for old vehicles to check pollution

Green tax will be levied on private four-wheelers and above that are 15 years old and four-wheelers and above that are 10 years old and used for transport purpose to check the automobile pollution caused by old motor vehicles and to discourage their use in the State.

Announcing this in the revised budget 2016-17, Finance Minister T. M. Thomas Isaac said two-wheelers and three-wheelers had been exempted from the green tax.

A sum of Rs.400 will be levied as green tax from private four-wheelers and above during renewal of registration. In the case of Light Motor Vehicles having four wheels and above, Rs. 200 will be collected as green tax during fitness certificate renewal. Medium Transport Vehicles with four wheels and above will have to give Rs.300 as green tax during fitness certificate renewal. A sum of Rs.400 will be collected as green tax for Heavy Transport Vehicles and other transport vehicles during fitness certificate renewal.

The Finance Minister said the exchequer would get an additional Rs.7 crore annually from green tax collected from older vehicles. Rationalisation of tax has also been announced in the revised budget for contract carriages registered in the State and those registered in other States and operating to Kerala.

In the wake of the new bus body code being rolled out, Stage carriers tax will be decided on square metre instead of seats. As per this, Rs.1300 per sq m will be collected for ordinary buses, Rs.1,360 per sq me for ordinary town city buses and Rs.1,400 per sq m for fast passenger buses and above. Separate tax has been announced for specially modified vehicles, one-time settlement for vehicles that had not paid tax for years and 10 per cent hike in the tax for commercial vehicles.

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Printable version | Nov 28, 2020 11:29:13 PM |

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