Delhi Government Offers 20% Registration Tax Discount for Vehicle Scrappage!

Main Image
  • Like
  • Comment
  • Share

A new programme to replace old cars in the Delhi has been launched by the Delhi government through giving robust tax exemptions. Further the proposal on this plan has been presented before Lieutenant Governor VK Saxena for consideration. Anyone owning a non-transport vehicle can get a discount of 20% in the Motor Vehicle Tax imposed on the registration of new Petrol, CNG or LPG vehicles under this scheme if he produces a Certificate of Deposit to scrap their old vehicle at a Registered Vehicle Scrapping Facility (RVSF).

ALSO SEE: Poco 64MP Camera Mobile Phones Price List (Jul 2024)

Freepik.com

The tax credit reduction for new diesel cars will be fixed at 15 percent for vehicles that are manufactured and imported into the country. Vehicle owners will be given a discount on the Motor Vehicle Tax of 15% on new petrol, CNG or LPG transport vehicles or 10% on new diesel transport vehicles; however the concessions will be capped at 50% of the scrap value.

The Certificate of Deposit also is another important document that replaces the scrapped vehicle, will be valid for three years and will be in a digital form to allow convenience to vehicle owners. This comes after following standard procedures that seek to reduce pollution levels within the capital city.

ALSO SEE: Mediatek Dimensity 6080 Mobile Phones Price List 2024

In the year 2018, Supreme Court passed a new order that banned the old vehicles which run on diesel and petrol and a violation of the same made the vehicle liable to impoundment in Delhi if the vehicles have crossed 10 years of usage for diesel and 15 years for petrol. Further, a recent order passed by National Green Tribunal in the year 2014 does not permit the decking of old vehicles more than fifteen years of age in public areas. In this respect, the Delhi government has already deregistered 5.5 million vehicles which fall under the age limit rejected by the used car dealers.

Freepik.com

Delhi Transport Minister Kailash Gahlot said that it is aimed at encouraging people to scrap old generation and polluting vehicles so as to provide preferably new generation vehicles. “With the help of tax exemptions, our aim is to facilitate the change to much greener options for the owners of vehicles,” Gahlot said according to PTI. This initiative should go hand in hand with the constant attempts to make the air in Delhi cleaner so that it can be healthier for the people in the city.

You can follow Smartprix on Twitter, Facebook, Instagram, and Google News. Visit smartprix.com for the latest tech and auto news, reviews, and guides. 

Karan RathoreKaran Rathore
Karan Rathor is a tech reviewer at Smartprix. With an electrical engineering degree from BITS Pilani, he brings hands-on, expert analysis to his reviews of mobile hardware and automotive tech. See all of his work on his official author page.

Related Articles

ImageOPPO Releases ColorOS 16 September Update With More Photo Library Customization

OPPO has started rolling out a new ColorOS 16 September update focused on photo management and customization. The update adds several small but useful changes to the Photos app, giving users more control over how their pictures are organised and viewed. The update includes tools for changing photo timestamps, hiding customised albums, managing favourites in …

ImageElectric Vehicle Subsidies Calculations: Find out how much you get from the center and states

Electric vehicles are cost-effective, having fewer moving parts that require maintenance, and are green because they use very little or no fossil fuels (petrol or diesel). Some EVs utilized lead-acid or nickel-metal hydride batteries, but lithium-ion batteries are now the standard for battery electric vehicles because they are longer-lasting and better at retaining energy, with …

ImageBH Number Plate FAQ: What’s Bharat Series Plates? How to Apply for BH Number

In a forward-thinking move back in August 2021, the central government introduced a practical solution for those individuals who often find themselves relocating due to their jobs. This solution came in the form of the Bharat Series (BH) number plate, a game-changer aimed at simplifying the process of vehicle registration when moving to a new …

ImageDelhi Government To Penalise Vehicles Without High-Security Number Plates

If you’re driving in Delhi, make sure that you have a color-coded fuel sticker on your car. The Delhi government has issued orders to penalize vehicles that don’t have a required sticker (which indicates the fuel type and contains the required registration details). In a public notice available on transport.delhi.gov.in, the state government informs the …

ImageThe Government Has Finally Clarified Which Old Vehicles Actually Need Work Done For E20 Petrol

After months of social media speculation and viral claims about E20 fuel damaging older vehicles, the government has now put an official, narrower boundary around exactly which vehicles are affected. From the looks of it, it’s a far more limited group than the broader panic suggested. Also Read: Mercedes-Benz’s Entry-Level SUV Goes Electric For The …

Discuss

Be the first to leave a comment.

Related Products