(a) Every Registered owner of a Transport (Commercial) vehicle not covered by one-time tax, while withdrawing the vehicle from use by submitting From-'H' to get temporary exemption of Taxes, shall have to deposit a sum of Rs. 501- as application fee.
(b) In the event of failure on the part of the registered owner of a vehicle to apply within due time for extension of From-'H' already submitted, the registering authority may extend the From -'H' on application of the registered owner for further period after realizing a fine of Rs. 5/- per day of default.
5. In case of theft of vehicle (commercial) registering authority may exempt further payment of taxes of the vehicle from the date I month of the theft on the basis of final Police Report and report of Insurance Company regarding settlement of the claim.
6. In assessment of M.V. Tax Taxes in case of Truck mounted vehicle I Machinery; the cost of chassis and the cost of Machineries I Equipments upon the truck shall be taken into account.
7. In addition to AMY tax payable under this Notification the owner or person having possession or control of Motor Vehicle shall pay any tax or penalty payable under this Act for any period that comes into effect from the date of Notification issued under the provision of the Assam Motor Vehicle Taxation Act, 1936 at such rates as applicable to such vehicles from time to time."
S. M. BUZAR BARUAH, Secretary to the Government of Assam, Legislative Department, Dispur.