Motor Vehicle Tax

REGD. No. D. L.-33002/99 GOVERNMENT OF INDIA Delhi Gazette SG-DL-E-21102024-258113 EXTRAORDINARY PUBLISHED BY AUTHORITY No. 265] DELHI, FRIDAY, OCTOBER 18, 2024/ASVINA 26, 1946 [N. C. T. D. No. 228 PART IV GOVERNMENT OF THE NATIONAL CAPITAL TERRITORY OF DELHI TRANSPORT DEPARTMENT NOTIFICATION Delhi, the 15th October, 2024 F. No. DC/OPS/TPT/2022/390/21.—In exercise of powers conferred by sub-section (3) of Section 13 of the Delhi Motor Vehicles Taxation Act, 1962, read with notification No G.S.R. 720(E), dated 5th October 2021 issued by Ministry of Road Transport and Highways (MoRTH), Government of India, the Lieutenant Governor of National Capital Territory of Delhi being of opinion that it is necessary or expedient in the public interest so to do, hereby provides for concession in the Motor Vehicles Tax on registration of new Transport and Non-Transport Vehicles, against the Certificate of Deposit in favor of old vehicles handed over for scrapping at Registered Vehicles Scrapping Facility (RVSF), subject to the conditions as stipulated hereunder: 1. For Non-Transport vehicles, 20% of the Motor Vehicle Tax payable on registration of new Non- Transport Petrol/CNG/LPG propelled vehicles and 15% of such tax payable in case of registration of new Non-Transport Diesel propelled vehicles. 2. For Transport vehicles, 15% of the Motor Vehicle Tax payable on registration of new Transport Petrol/CNG/LPG propelled vehicles and 10% of such tax payable in case of registration of new Transport Diesel propelled vehicles. Provided that the total Motor Vehicle Tax concessions shall not exceed 50% of the scrap value in both the above mentioned cases. Explanation 1: For the purpose of this notification, the expression "Certificate of Deposit (COD)" shall have the same meaning as assigned to it in clause (c) of sub-rule (1) of rule 3 of the "Motor Vehicles (Registration and Functions of Vehicle Scrapping Facility) Rules, 2021", as amended from time to time. Explanation 2: In accordance with Clauses (xii) & (xiii) of Rule 10 of the "Motor Vehicles (Registration and Functions of Vehicle Scrapping Facility) Rules, 2021" as amended from time to time, the Certificate of Deposit shall be a necessary and sufficient document for the owner to avail the Motor Vehicle Tax concession on the purchase of a new vehicle. The validity of the said certificate shall be Three years from the date of its issuance and it shall be electronically tradable. Provided that there shall be no incentives on Certificate of Deposit issued against the Government-owned vehicle or impounded vehicle handed over by an Enforcement agency and such Certificate of Deposit shall not be electronically tradable. Explanation 3: For this purpose, the scrap value shall be reckoned as mentioned in the Certificate of Deposit. This notification shall come into force with effect from the date of its publication in the Official Gazette. By Order and in the Name of the Lt. Governor of the National Capital Territory of Delhi, PRASHANT GOYAL, Principal Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054. SARVESH KUMARESH Date: 2024.10.21 21:21:02+0530