Have you any information about the vehicle scrappage policy? Chandigarh takes steps towards scrapping the 15 years old vehicles. They take this step to phase out unfit and polluting vehicles. All the 15-year-old vehicles are de-registered and scrapped in Chandigarh city from April 1.
The 15-year-old vehicle will be scrapped on April 1
There are notifications come from the union ministry of road transport and highways that all government vehicles, including buses of Chandigarh, and vehicles attached to municipal corporations that are from more than 15 years, will be scrapped from April 1
The official of the UT transport department said that they prepared the list for all vehicles to be scrapped. It will also help to reduce the emission of pollutants from worn-out vehicles.
What does the national vehicle scrappage policy?
Under the national vehicle scrappage policy, the administration will offer you up to a 25 % rebate on road tax on new vehicle registration that is bought after the scrapping of new vehicles.
According to this, commercial vehicles of age of more than 15 years will be scrapped mandatorily if these are not passed to emission or fitness tests.
Vehicle scrapping centre
The Chandigarh policy has the provision of concession in tax on buying new vehicles against the submission of a deposit certificate that will be issued by a registered vehicle scrapping facility.
The concession in tax is lain up to 25% will be given in case of non-transparent vehicles and up to 15% in terms of transport vehicles. However, the concession is available for up to 8 years in terms of transport vehicles and 15 years in terms of non-transport vehicles. There are no concessions provided in tax after the expiry time.
Benefits of national vehicle scrappage policy
This policy has come with a range of benefits, including
- It reduces the price of new vehicles
- Manufacturers provide a 5% discount on new vehicles
- No registration fees while buying vehicles
- Owners can get scrap value of around 4 to 6 % of the ex-showroom cost of a new vehicle, and the state is to provide 15 % and 25% rebates on road tax for commercial and personal vehicles.
- The official of this policy also said that the private company had given the approval to set up the vehicle scrapping centre in industrial areas in phase 1, which will make operational from April 1, 2023
Unit of scrapping has come with ind’l area.
A private company has given the approval to establish a vehicle scrapping centre in phase 1, the industrial phase. This centre will be made operational from April 1, 2023
Conclusion
According to the vehicle scrappage policy, commercial vehicles older than 15 years or private vehicles older than 20 years will be required to be de-registered. The vehicles that pass emission or fitness tests are re-registered. But the vehicles that do not pass these tests will need to be scrapped.
