Maharashtra CMO: Commercial Vehicles to be Exempted from Tax

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On Wednesday, the cabinet of Maharashtra decided to exempt tax for commercial and goods vehicles in the state, starting from 1 April to 30 September

In a press conference, the state government officials said that they will exempt 11.4 lakh commercial transport vehicles from payment of road tax worth Rs 700 crore for six months from April 1 to September 30 for revival of the sector.

Soon after the plea of All India Transporters Welfare Association (AITWA), the decision was taken by the cabinet of Maharashtra. 

AITWA wrote on Twitter: “Having understood the gravity of problem of truck owners, a welcome step taken by

@CMOMaharashtra @OfficeofUT

today to exempt the taxes on commercial & goods vehicles. We are sure other states yet to take a decision will do so soon”

They aim to ease financial burden on the transporters who faced great losses due to the Coronavirus pandemic. According to our sources, the movement of commercial vehicles across India fell to 5% at the time of the first lockdown. It has been recovering ever since.

Must read: Valid PUC certificate must for motor insurance renewal

On the similar notes, AITWA has also appealed to the Union Minister Nitin Gadkari for restoring the supply chain of the logistic sector in India. According to an official, more than half a dozen states, including Gujarat, Rajasthan, Uttarakhand and Haryana, have already waived road tax for all types of commercial vehicles.

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