Commercial vehicles can be scrapped even before 15 years: Road Ministry s draft
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Truck rentals plunge, hit by new Covid-19 wave - The Hindu BusinessLine
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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.
Govt notifies vehicle recall policy, to be effective April 1
March 16, 2021
Can impose fine ranging from ₹10 lakh to ₹100 lakh
The Road Transport and Highways Ministry has notified on March 12 the vehicle recall policy for manufacturers which will come into effect from April 1. According to the policy, depending on the number and types of vehicles (two-wheelers, three-wheelers, four-wheelers, among others) that have to be recalled, the Government can impose fine of up to ₹10 lakh, ₹20 lakh, ₹50 lakh or ₹100 lakh.
“The vehicle manufacturer has to pay this amount to the Government for each such bunch of defective vehicles,” an official told
BusinessLine. The Ministry had issued draft notification for vehicle recall policy mid-last year. A portal will be up and running for such vehicle recalls where consumers can lodge their complaints related to various issues.