Table
Table
Period
Amount of penalty
(i)
If paid within fifteen days from the due date of payment.
Nil This will be treated as a grace period.
(ii)
If paid after fifteen days but within 30 days of the due date
of payment.
Penalty to be charged at the rate of 25 per cent of the tax.
(iii)
If paid after 30 days but within 60 days of the due date of
payment.
Penalty to be charged at the rate of 50 per cent of the taxes
due.
(iv)
If paid after 60 days but within 90 days of due date of tax
payment date.
Penalty to be charged equal to the taxes due.
(v)
If paid beyond 90 days after the due date.
Penalty to be charged will be twice the taxes due.
Section 4 • Bihar Motor Vehicles Taxation Rules, 1994
4. Due date of payment and penalty for non-payment of taxes in time.
bihar-motor-vehicles-taxation-rules-1994-sec-4.json
•
Section 4
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"title": "4. Due date of payment and penalty for non-payment of taxes in time.",
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"content": "Table\nTable\nPeriod\nAmount of penalty\n(i)\nIf paid within fifteen days from the due date of payment.\nNil This will be treated as a grace period.\n(ii)\nIf paid after fifteen days but within 30 days of the due date\n\t\t\t\t\tof payment.\nPenalty to be charged at the rate of 25 per cent of the tax.\n(iii)\nIf paid after 30 days but within 60 days of the due date of\n\t\t\t\t\tpayment.\nPenalty to be charged at the rate of 50 per cent of the taxes\n\t\t\t\t\tdue.\n(iv)\nIf paid after 60 days but within 90 days of due date of tax\n\t\t\t\t\tpayment date.\nPenalty to be charged equal to the taxes due.\n(v)\nIf paid beyond 90 days after the due date.\nPenalty to be charged will be twice the taxes due.",
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