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INTERVIEW QUESTIONS
TAX
INFRASTRUCTURE CESS TAX
DETAILS
Question: What are the exemptions provided in law under Infrastructure Cess?
Answer: Infrastructure Cess is exempted for certain motor vehicles such as three wheelers, electric vehicles, hydrogen /fuel cell based vehicles, vehicles certified to be used for physically challenged/ differently abled persons etc.
Further, this is also exempted for other public utility transport vehicles like buses (which transport more than 10 persons) and cars /vehicles which are registered solely for serving as taxis or as ambulances.
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Infrastructure Cess Tax Interview Questions & Answers -
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Question:
What are the exemptions provided in law under Infrastructure Cess?
Answer:
Infrastructure Cess is exempted for certain motor vehicles such as three wheelers, electric vehicles, hydrogen /fuel cell based vehicles, vehicles certified to be used for physically challenged/ differently abled persons etc.
Further, this is also exempted for other public utility transport vehicles like buses (which transport more than 10 persons) and cars /vehicles which are registered solely for serving as taxis or as ambulances. Source: CoolInterview.com
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