Home› India› Ministry of Road Transport and Highways› Draft Notification_MV Tax Concession 50 percent...
Date: 24-Jan-2025 Category: Extra Ordinary State: Union Government Country: India

Draft Notification_MV Tax Concession 50 percent

Issued by Ministry of Road Transport and Highways · Deptt. of Road Transport and Highways

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

What it means

  • This is a draft notification from the Ministry of Road Transport and Highways, proposing amendments to the Central Motor Vehicles Rules, 1989.
  • The amendment introduces a new sub-rule (iii) under Rule 51A, concerning tax concessions for vehicles meeting older emission standards.

Key Changes

  • A new sub-rule (iii) is added to Rule 51A of the Central Motor Vehicles Rules, 1989.
  • This sub-rule allows for a tax reduction of up to 50% on transport and non-transport vehicles manufactured according to Bharat Stage I (BS-I) and earlier emission standards.
  • The tax concession also applies to medium and heavy goods and passenger motor vehicles manufactured according to Bharat Stage II (BS-II) emission standards.
  • The draft rules will come into effect from the date of publication of the final notification in the Official Gazette.
  • A 30-day public comment period is open before the rules are finalized.

Impact Analysis

Impact on Vehicle Owners

  • The extent of the tax reduction will depend on the specific vehicle and applicable tax rates.

Impact on Vehicle Manufacturers

  • This could lead to continued production or sales of vehicles with older, less environmentally friendly technologies.

Impact on the Environment

  • Increased use of older vehicles might lead to higher air pollution levels.

Impact on Government Revenue

  • This needs to be weighed against the potential social and economic impacts of the policy.

Suggested Action Items

  • Conduct a cost-benefit analysis to evaluate the overall effectiveness of the proposed amendment.

Key Entities Referenced

Ministry of Road Transport and Highways: The issuing authority of the draft notification. Responsible for road transport and highway related matters in India. Central Motor Vehicles Rules, 1989: The existing rules being amended. These rules govern motor vehicles in India. Motor Vehicles Act, 1988: The parent Act under which the Central Motor Vehicles Rules are framed. Provides the legal framework for motor vehicle regulation. Bharat Stage Emission Standards (BS-I, BS-II): Emission standards defining the permissible levels of pollutants from motor vehicles. BS-I and BS-II are older, less stringent standards. Additional Secretary (Transport): The designated official for receiving public comments on the draft rules.
Official Source Record View Original Source →
See Full Document Text
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-24012025-260462 CG-DxLx-xEG-I2D4H0x1x2x0 25-260462 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 45] नई ददल्ली, िुक्रवार, िनवरी 24, 2025/माघ 4, 1946 No. 45] NEW DELHI, FRIDAY, JANUARY 24, 2025/MAGHA 4, 1946 सड़क पररवहन और रािमाग ग मत्रं ालय मसौदा अधिसचू ना नई ददल्ली, 24 िनवरी, 2025 सा.का.जन. 74(अ).— केंद्रीय मोटर यान जनयमावली, 1989, जनम्न जलजखत प्रारूप जनयम, जिसे केंद्रीय सरकार, मोटर यान अजधजनयम, 1988 (1988 का 59) की धारा 59 की उप धारा (4) और धारा 64 के खंड (त) द्वारा प्रदत्त िजियों का प्रयोग करते हुए और संिोधन करन े का प्रस्ट्ताव करती ह,ै इसके उक्त अजधजनयम की धारा 212 की उप-धारा (1) द्वारा यथापेजित उनके द्वारा प्रभाजवत होन े की संभावना वाल े सभी व्यजियों की िानकारी के जलए प्रकाजित दकया िाता है और एतदद्वारा नोरटस ददया िाता ह ै दक प्रारूप जनयमों को उस तारीख से तीस ददन की अवजध समाप्त होने के बाद जवचाराथ ग स्ट्वीकार कर जलया िाएगा जिस तारीख से सरकारी रािपत्र में यथा प्रकाजित इस अजधसूचना की प्रजतयां िनता के जलए उपलब्ध करायी िाती ह।ैं इन जनयमों के प्रजत आपज‍ तयां एवं सुझाव, यदद कोई हो, को अपर सजचव (एमवीएल), ईमेल: comments- morth@gov.in सड़क पररवहन और रािमाग गमंत्रालय, पररवहन भवन, संसद माग,ग नई ददल्ली-110001 को पर भेिा िा सकता ह।ै 636 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] उपरोि अवजध समाप्त होने से पहले उक्त प्रारूप जनयमों के सबं ंध में दकसी भी व्यजि से प्राप्त होने वाली आपजत्तयों या सुझावों पर केंद्र सरकार द्वारा जवचार दकया िाएगा; प्रारूप जनयम 1. सजं िप्त नाम एव ंप्रारंभ - (1) इन जनयमों को केन्द्द्रीय मोटर यान (... ... .. संिोधन) जनयमावली, 2024 कहा िाएगा। (2) य ेरािपत्र में प्रकािन की तारीख से प्रवृ‍ त होंगे। 2. केन्द्रीय मोटर यान धनयमावली, 1989 के धनयम 51क म ेंउप धनयम (ii) के पश्चात ्धनम्नधिधित उप धनयम अतं ःस्थाधपत ककया जाएगा, नामत:- (iii) पचास प्रधतशत तक, उन सभी पररवहन और गैर-पररवहन वाहनों के मामिे म,ें जो बड े पैमाने पर उत्सजजन मानक भारत चरण I (बीएस-I) और पहि े के बडे पैमाने पर उत्सजजन मानक मानदडं ों के अनुसार धनर्मजत दकए िात े ह ैं और सभी मध्यम और भारी माि मोटर वाहन और सभी मध्यम और भारी यात्री मोटर वाहन, जो बड ेपमै ाने पर उत्सजजन मानक भारत चरण II (बीएस-II) मानदडं ों के अनुसार धनर्मजत दकए िात े ह।ैं [फा. स.ं आरटी-16011/6/2024-टी] महमूद अहमद, अपर सजचव रटप्पण: मूि धनयम भारत के राजपत्र, असािारण, भाग II, िंड 3, उपिंड (i) म ें अधिसूचना संख्या सा.का.धन ….(अ), कदनांक ….. द्वारा प्रकाधशत ककए गए थ े और अंधतम बार अधिसूचना संख्या सा.का.धन ….(अ), कदनांक ….. द्वारा संशोधित ककए गए थ।े MINISTRY OF ROAD TRANSPORT AND HIGHWAYS DRAFT NOTIFICATION New Delhi, the 24th January, 2025 G.S.R. 74(E).—The following draft of certain rules further to amend the Central Motor Vehicles Rules, 1989, which the Central Government proposes to make in exercise of the powers conferred by subsection (4) of section 59 and clause (p) of section 64 of the Motor Vehicles Act, 1988 (59 of 1988), is hereby published as required by sub- section (1) of section 212 of the said Act for information of all persons likely to be affected thereby; and notice is hereby given that the said draft rules shall be taken into consideration after the expiry of thirty days from the date on which the copies of this notification, as published in the Official Gazette, are made available to the public; Objections and suggestions to these draft rules, if any, may be sent to the Additional Secretary (Transport), email: comments-morth@gov.in, Ministry of Road Transport and Highways, Transport Bhawan, Parliament Street, New Delhi-110 001. The objections or suggestions which may be received from any person in respect of the said draft rules before the expiry of the aforesaid period will be considered by the Central Government. DRAFT RULES 1. Short title and commencement. - (1) These rules may be called the Central Motor Vehicles (….. Amendment) Rules, 2024 (2) They shall come into force from the date of publication of the notification. 2. In the Central Motor Vehicles Rules, 1989, in rule 51A after sub-rule (ii), the following sub-rule shall be inserted, namely: (iii) up to fifty per cent, in case of all transport and non-transport vehicles which are manufactured as per Mass . Emission Standards Bharat Stage I (BS-I) norms and earlier Mass Emission Standard norms and all medium & heavy[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 3 goods motor vehicles and all medium & heavy passenger motor vehicles which are manufactured as per Mass Emission Standards Bharat Stage II (BSII) norms. [F. No. RT-16011/6/2024-T] MAHMOOD AHMED, Addl. Secy. Note: The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide notification number G.S.R. ….(E), dated ….. and lastly amended vide notification number G.S.R. ….(E), dated ….. 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.

Continue your research

Related Documents from Ministry of Road Transport and Highways