| Serial No | Period | Method | Act / Rules |
|---|---|---|---|
| 1. | Grace Period | 60 days from the last tax payment date / purchase date of vehicle |
Vide Bill – ” The Tripura Bill No. 7 of 2009″ |
| 2. | Period<= 30 days | 10 % of the Total Payable tax | Vide Bill – ” The Tripura Bill No. 7 of 2009″ |
| 3. | Period>30 days and Period<=90 days | 20 % of the Total Payable tax | Vide Bill – ” The Tripura Bill No. 7 of 2009″ |
| 4. | Period>90 days and Period<=180 days | 30 % of the Total Payable tax | Vide Bill – ” The Tripura Bill No. 7 of 2009″ |
| 5. | Period>180 days and Period<= 365 days | 40 % of the Total Payable tax | Vide Bill – ” The Tripura Bill No. 7 of 2009″ |
| 6. | Period > 365 days | 50 % of the Total Payable tax | Vide Bill – ” The Tripura Bill No. 7 of 2009″ |