TMI BlogRenting of Motor Vehicle for transportation of passengers and goodsX X X X Extracts X X X X X X X X Extracts X X X X ..... ( a ) to a state transport undertaking, a motor vehicle meant to carry more than twelve passengers; or ( b ) to a goods transport agency, a means of transportation of goods Meanings and Definitions: state transport undertaking has the meaning assigned to it in clause (42) of section 2 of the Motor Vehicles Act, 1988 (59 of 1988) goods means every kind of movable pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... it and operating the bus on a route. The passengers embark or disembark from the bus at any place falling on the route and pay separate fares either for the whole or for the stages of journey. Am I required to pay tax? No. However, transport of passengers in a contract carriage for the transportation of passengers, for tourism, conducted tour, charter or hire is taxable. - Manuals - Ready ..... X X X X Extracts X X X X X X X X Extracts X X X X
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