2. Section 2 of the Finance Act, No. 16 of 1995 (hereinafter referred to as the "principal enactment") is hereby repealed and the substitution therefor of the following :-
2. There shall be charged, levied and paid, on every diesel motor vehicle a diesel motor vehicle levy (in this part referred to as "the levy"), for the years commencing respectively, on April 1, 1995 and April 1, 1996, of a sum equal to ten thousand rupees, and for every year commencing on or after April 1, 1997, of a sum equal to five thousand rupees. The levy payable for every such year shall be paid by the registered owner of the diesel motor vehicle, on or before the relevant date". |
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