Automobile dealers can now apply for trade certificates online to receive stocks from OEMs
April 07, 2021
Facility will enable govt to track vehicles even prior to registration
Trade certificate — a document needed to move vehicles from manufacturers to dealers before they are registered — can now be applied online.
As opposed to filing in physical format, the recent move will help authorities track vehicles online through the government system before they are registered, explained multiple sources.
At present, vehicles enter the government’s online database – Vahan – only after they are registered, explained a government official. A vehicle registration certificate — that holds details such as owner’s name, commercial or private use, chassis number among others — is issued after a vehicle is sold and these details are captured online.