High Court judgement to collect O B Tax.

The High Court Chennai, has delivered a judgement regarding the modus operandi to collect the tax on omni buses after the introduction of floor rate of tax.

So we have to collect the tax as per the directions of the High court.

The salient features of the judgement are.

1. For vehicle which have a seating capacity of less than 36 all the operators shall pay tax at the rate calculated on the basis as if these vehicle have 36 seats. It means even if the vehicle has 25 seats it should pay tax for 36 seats at Rs.3000/- per seat per quarter.No need to calculate the floor area.

2. The payment of tax shall be made by the operators in respect of all vehicles which has a seating capacity of upto 35 along with the regular tax on the due date.