J&K Approves 50% Waiver Of Passenger Tax

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Jammu- In a significant move, the Jammu and Kashmir government on Wednesday approved the waiver/exemption of fifty percent of passenger tax chargeable on various vehicles from April 1, 2020 to March 31, 2021.

The decision in this regard was taken during the Administrative Council (AC), meeting chaired by Lieutenant Governor, Manoj Sinha, an official spokesperson said Wednesday.

The decision, he said, 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, 2021 to 31st March, 2022,” the official spokesperson added.

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