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Starting from April next year, vehicle owners will have to shell out Rs 5,000 for renewal of registration of the cars older than 15 years, which is eight times more than what they currently pay.
The road transport and highways ministry has issued a notification for the renewal of the certificate of registration of old vehicles and this new rule is part of the government's overall plan to roll out the National Automobile Scrappage Policy.
According to the notification, renewal of certificate of fitness for a bus or truck older than 15 years will cost nearly eight times higher charges than owners of the commercial vehicles currently pay.
While charges of registration renewal of a 15-year-old car would be Rs 5,000 compared to the current fee of Rs 600, the charges of registration renewal of old bikes would be Rs 1,000 compared to the current fee of Rs 300.
Renewal of registration for imported bikes and cars will cost Rs 10,000 and Rs 40,000, respectively.
The notification said an additional fee of Rs 50 for each day of delay after the expiry of certificate of fitness shall be levied.
According to the notification, these rules may be called the Central Motor Vehicles (23rd Amendment) Rules, 2021, and shall come into force with effect from April 1, 2022.
&nbsp;

Registration (RC) of older cars to cost 8 times more from April

Under the new scrappage policy, car owners to shell out 8 times more for renewal of registration from next year


RC for your car could cost 8 times more from next year 

The road transport and highways ministry has issued a notification for the renewal of the certificate of registration of old vehicles

Starting from April next year, vehicle owners will have to shell out Rs 5,000 for renewal of registration of the cars older than 15 years, which is eight times more than what they currently pay.
The road transport and highways ministry has issued a notification for the renewal of the certificate of registration of old vehicles and this new rule is part of the government's overall plan to roll out the National Automobile Scrappage Policy.
While charges of registration renewal of a 15-year-old car would be Rs 5,000 compared to the current fee of Rs 600, the charges of registration renewal of old bikes would be Rs 1,000 compared to the current fee of Rs 300.
Renewal of registration for imported bikes and cars will cost Rs 10,000 and Rs 40,000, respectively.
The notification said an additional fee of Rs 50 for each day of delay after the expiry of certificate of fitness shall be levied.
According to the notification, these rules may be called the Central Motor Vehicles (23rd Amendment) Rules, 2021, and shall come into force with effect from April 1, 2022.
&nbsp;

The much talked about Vehicle Scrapping Policy was finally announced in Parliament today by&nbsp;&nbsp;Union minister Nitin Gadkari.&nbsp;&nbsp;
Here is what you need to know-:

Private vehicles will be de-registered after 20 years if fitness test failed&nbsp;
Registration renewal &amp; fitness test fees hiked significantly for personal vehicles after 15 years
Commercial vehicles to take fitness test at 15 years and will be de-registered if test failed
Govt owned vehicles will automatically be scrapped in 15 years

Is there an incentive to scrap your old car?

If old car is scrapped the registration on a new purchase will be waived off
Re-registering your old car is now going to cost you 8 times more from October 1&nbsp;&nbsp;
Govt has also instructed all car makers to provide 5% discount to customers against a&nbsp;scrapping certificate
Scrap value is estimated to be&nbsp;4-6% of new vehicle cost
&nbsp;

So when does this get into gear?

Rules for fitness test and scrapping centres to come into effect on 1st October, 2021
Mandatory scrapping of govt vehicles from April 1,&nbsp;2022
Mandatory fitness testing for all vehicles to begin from 1st June 2024


Fit or Fail, the new vehicle scrapping policy explained 

The govt gears to get old cars off the roads, raises re-registration fees 8 times, offers discounts on new cars if old vehicle is scrapped. Fit or fail, the vehicle scrappy policy explained

The much talked about Vehicle Scrapping Policy has finally been launched by Prime Minister&nbsp;Narendra&nbsp;Modi who called it&nbsp;a significant milestone in India&rsquo;s development journey. Here's all you need to know

The much talked about Vehicle Scrapping Policy has finally been launched by Prime Minister&nbsp;Narendra&nbsp;Modi who called it&nbsp;a significant milestone in India&rsquo;s development journey
Here is what you need to know-:
<ul>
<li>Private vehicles will be de-registered after 20 years if fitness test failed&nbsp;</li>
<li>Registration renewal &amp; fitness test fees hiked significantly for personal vehicles after 15 years</li>
<li>Commercial vehicles to take fitness test at 15 years and will be de-registered if test failed</li>
<li>Govt owned vehicles will automatically be scrapped in 15 years</li>
</ul>
Is there an incentive to scrap your old car?
<ul>
<li>If old car is scrapped the registration on a new purchase will be waived off</li>
<li>Re-registering your old car is now going to cost you 8 times more from October 1&nbsp;&nbsp;</li>
<li>Govt has also instructed all car makers to provide 5% discount to customers against a&nbsp;scrapping certificate</li>
<li>Scrap value is estimated to be&nbsp;4-6% of new vehicle cost</li>
<li>&nbsp;</li>
</ul>
So when does this get into gear?
<ul>
<li>Rules for fitness test and scrapping centres to come into effect on 1st October, 2021</li>
<li>Mandatory scrapping of govt vehicles from April 1,&nbsp;2022</li>
<li>Fitness testing for heavy commercial vehicles from April 1, 2023</li>
</ul>

scrapping policy

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