Mid Term Review on “Levy and Collection on Taxes on Motor Vehicles” for the Audit Report for the

5.1 Results of Audit Test check of records of departmental offices relating to revenue of levy and collection of taxes on motor vehicles conducted during the year 2004-05 revealed under assessment of taxes and duties and loss of revenue amounting to Rs.21.16 crore in 14,735 cases which broadly fall under the following categories: Sl. Nature of irregularities Number Amount No. of cases (Rupees in crore) 1. Levy and Collection of Taxes on Motor 1 20.97 Vehicles 2. Other irregularities 14,734 0.19 Total 14,735 21.16 During the year 2004-2005, the Department accepted under assessment of Rs.21.16 crore in 14,735 cases. A few illustrative cases involving Rs.20.97 crore are mentioned in this Chapter.Audit Report (Revenue Receipts) for the year ended 31 March 2005 5.2 Levy and Collection of Taxes on Motor Vehicles Introductory 5.2.1 Registration of motor vehicles, collection of fees on account of issue of permits and countersignatures of permits are regulated under Motor Vehicles (MV) Act, 1988, MV Rules, 1989, Punjab Motor Vehicles Taxation Act, 1924 (PMVT Act) and Punjab Motor Vehicles Rules, 1940, as applicable to Haryana. All the motor vehicles are required to be registered in the State in which the owner of the vehicle has residence or place of business where the vehicle is normally kept. Levy and collection of road tax is governed by the PMVT Act and the Rules framed thereunder as road tax is leviable on every motor vehicle except ...