12. Second Schedule to the principal enactment is hereby amended: –

Schedule and the substitution therefor of the following :-

“For any year, where the first year of registration or the payment due date falls within the period commencing on January 1, 2011 ending prior to November 22,

2011:-”;

Schedule of the following Part:-

“PART – III

For any year ending/commencing on or after November 22,

2011, in respect of which Part I and Part II of this Schedule is not applicable:-

Amendment of the Second

Schedule to the principal enactment.

Year

Rate

Rs.

1

For the year in which such semi-luxury motor vehicle is registered (being a year commencing on or after November 22, 2011)

60,000 2

For the first year succeeding the year in which such semi-luxury motor vehicle is registered 50,000 3

For the second year succeeding the year in which such semi-luxury motor vehicle is registered 40,000 4

For the third year succeeding the year in which such semi-luxury motor vehicle is registered 30,000 5

For the fourth year succeeding the year in which such semi-luxury motor vehicle is registered 25,000 6

For the fifth year succeeding the year in which such semi-luxury motor vehicle is registered 20,000 7

For the sixth year succeeding the year in which such semi-luxury motor vehicle is registered 15,000 8

For the seventh year succeeding the year in which such semi-luxury motor vehicle is registered

Nil”.