Vehicle registration renewal for automobiles over 15 years old will be eight times more expensive

These rules will be known as the Central Motor Vehicles (23rd Amendment) Rules, 2021, and will take effect on April 1, 2022, according to the announcement.

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Vehicle registration renewal for automobiles over 15 years old will be eight times more expensive

According to a notification issued on Tuesday by the Ministry of Road Transport and Highways, owners of cars older than 15 years will have to pay eight times more to renew their registration, as the Centre prepares to phase out old and polluting vehicles in line with the national vehicle scrappage policy.

These rules will be known as the Central Motor Vehicles (23rd Amendment) Rules, 2021, and will take effect on April 1, 2022, according to the announcement.

Also Read: Vehicle Scrappage Policy Has The Potential To Make India Global Manufacturing Hub

A 15-year-old car’s registration renewal will now cost Rs 5,000, up from Rs 600 previously. The renewal fee for motorcycles that are moreover 15 years old will now be Rs 1,000, up from Rs 300 before. A fitness renewal certificate for a bus or truck older than 15 years would cost Rs 12,500 instead of Rs 1,500, and it will cost Rs 10,000 for elderly medium goods or passenger motor vehicles.

Imported motorcycles and automobiles would cost Rs 10,000 and Rs 40,000, respectively, to renew their registrations.

According to the announcement, an extra price of Rs 50 would be charged for each day the certificate of fitness is delayed after it expires. According to the announcement, if you miss the deadline for renewing your certificate of registration, you will be charged an extra cost of Rs 300 for each month you wait for private cars and Rs 500 for each month you wait for commercial vehicles.

The Indian Express

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Vehicle registration renewal for automobiles over 15 years old will be eight times more expensive
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These rules will be known as the Central Motor Vehicles (23rd Amendment) Rules, 2021, and will take effect on April 1, 2022, according to the announcement.
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THE POLICY TIMES
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