MCDC suspends collection of toll gate fees in Mandalay City


Mandalay City Development Committee Monday suspended collection of entrance fees at the toll gates from vehicles that have registered in other regions and states, according to the press conference at the city hall.
Toll gates collect entrance fees from the vehicles with the aim of reducing traffic congestion in downtown Mandalay. At present, MCDC urged owners who registered their vehicles in other regions and states to take registration in Mandalay Region, not later than 30 May. The resumption of fee collection will be announced, said MCDC secretary U Khin Maung Tint.
“Suspension of collecting the toll gate fee will be till 30 May for enabling vehicle owners to take time for registration. On 1 May, toll gates collect fees for vehicles ranging from K2,000 to K10,000,” the secretary said.
Director of Internal Revenue Department U Than Zaw said, “We will give one-stop service to the vehicle owners if they have full of documents under the rules and regulations. According to the taxation law in 2015, they have to pay 3 percent for K100 million. At present, most of the vehicles running on the road are worth about K10 million, so the owners need to pay only K300,000 for tax.”From 1 to 3 May, toll gates collected K30 million for 12,000 vehicles.

Min Htet Aung (Mandalay Sub-printing House)

Share this post
Hot News
Hot News