Question ID :
39257
078994
Under Sec 44 AE kindly clarify taxability of Heavy Goods Vehicles. As per reading of the provisions of the Section, it appears that if Gross Vehicle weight is more than 12 Mt, its taxable @ Rs.1000/- per MT. Whereas there is difference in Gross Vehicle Weight and Unladen Weight. Which weight is to be taken
Posted by
AJAY JAIN
on
Jul 02, 2019
Filed Under
Profits & Gains of Business & Profession
There is no clarification from Department. However, as per Motor Vehicle Act unladen weight is applicable to Tractor and roller, which has no weight of goods and gross vehicle weight is applicable to other heavy goods vehicle. Hence only applicable weight should be taken.
Posted by
CA. chunauti dholakia on
Jul 04, 2019