Summary:
JAMMU: Jammu and Kashmir governor N N Vohra on Saturday accorded assent to the promulgation of the Jammu and Kashmir Motor Vehicles Taxation (Amendment) Ordinance, 2017. The ordinance amends Sections 3 and 4 of the Jammu and Kashmir Motor Vehicles Taxation Act, 1957, which provides for various taxes to be levied on motor vehicles by the designated authorities, an official spokesman said. The existing fees and taxes have not been revised for a considerably long period due to the maximum limits being prescribed in Schedules I and II of the Act.The amendments in the Act, which are being carried out through the Ordinance, would empower the government to revise and enhance the existing fees and taxes, for vehicles of various categories plying in Jammu and Kashmir, beyond the limits stipulated in the aforesaid schedules to the act, he said..