The Motor Vehicle(Amendment) Bill, 2012, which was passed by Rajya Sabha on 08th May, 2012 provides as under:-
“49A. Where an owner of a motor vehicle (other than transport vehicle) on which one-time or long-term tax has been paid, ceases to reside at the address recorded in the certificate of registration of the vehicle on account of his transfer on official duty or shift of residence, the registering authority shall, where the vehicle was registered prior to such transfer or shift of residence, on application for no objection certificate under section 48, refund the pro-rata unutilized tax on the vehicle; and the registering authority where the vehicle is being shifted shall levy and collect pro-rata tax for the remaining valid period of registration of such vehicle.”
This information was given by Dr. Tushar A. Chaudhary, the Minister of State for Road Transport & Highways in response a question in Lok Sabha today.
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