In a significant move, the Administrative Council (AC), which met under the chairmanship of Lieutenant Governor, Manoj Sinha, approved the waiver/exemption of fifty per cent (50%) of Passenger Tax chargeable on various vehicles from 1st April 2021 to 31st March 2022.
Rajeev Rai Bhatnagar, Advisor to the Lieutenant Governor, Dr Arun Kumar Mehta, Chief Secretary, J&K and Nitishwar Kumar, Principal Secretary to the Lieutenant Governor, attended the meeting.
The decision will address the genuine demand of the operators of commercial transport who have suffered losses on account of COVID-19 induced nationwide lockdown and restrictions leading to non-operationalization of the public transport.
For owners of commercial vehicles, who have already deposited the passenger tax for the period above in full, the excess amount paid thereon shall be adjusted against the liability accrued or accruable in the next financial year, i.e. for the period of 1st April 2022 to 31st March 2023.
Further, the recovery of the outstanding passenger tax from the owners of the commercial vehicles for the financial year 2018-19 to 2021-22 will be made in four equal instalments every quarter commencing from 1st April 2022.