Transport ministry proposes ‘IN’ series registration number for personal vehicles

Transport ministry proposes ‘IN’ series registration number for personal vehicles [ad_1]

The transport ministry has proposed a brand new automobile registration system whereby a personal automobile shall be registered below India series– IN– in a bid to put off the re-registration course of whereas transferring to a different state.

This automobile registration facility below “IN series” shall be out there to protection personnel, workers of Central and State governments , Central and State public sector undertakings and personal sector firms and organizations, which have their workplaces in 5 or extra States or Union territories.

The registration facility is voluntary and applies to present and new vehicles, officers stated.

The motorized vehicle tax on such vehicles shall be levied for two years or in multiples of two, regardless of town it has been paid in. A uniform fee of road tax of 8% for vehicles beneath Rs 10 lakh, 10% for vehicles between Rs 10-20 lakh, and 12% for vehicles above Rs 20 lakh has additionally been proposed.

These highway tax charges shall be relevant to vehicles with “IN series” registration all through the nation. State governments might levy 2% further cost for diesel vehicles, whereas electrical vehicles could also be charged 2% much less tax.

“There will be IN series applicable to every State. If a vehicle owner prefers, she or he can go for this series of registration number,” a senior authorities official instructed ET.

The father or mother State, the place the automobile was first registered, will stay the identical and one wouldn’t must have it modified in the event that they transfer to a brand new State. Only the highway tax shall be payable to the State the automobile is plying in.

“This scheme will facilitate free movement of personal vehicles across any state of India upon relocation to a new state,” a second official stated. “Earlier, a committee was formed with various transport commissioners, who recommended road tax rates on a pan-India basis. We are trying to get it implemented partially through these guidelines,” the official added.

So far, below part 47 of the Motor Vehicles Act, 1988 ,an individual is allowed to maintain the automobile for 12 months in any state aside from the state the place the automobile is registered, however a new registration with the brand new state- registering authority needs to be made inside the stipulated time of 12 months.

In this case, a person has to acquire a No Objection Certificate from the father or mother State for project of a brand new registration mark in one other state, get the project of recent registration mark after the highway tax on prorata foundation is paid within the new State, and apply for refund of the highway tax within the father or mother State on professional rata foundation.

This provision to get refund from the father or mother State on a professional rata foundation is a really cumbersome course of, which varies from one State to a different.

“It is an extremely harrowing process to get a vehicle re-registered in a different State. One has to run to ten different places. With the proposed changes, road tax can be paid online, and one doesn’t have to worry about re-registering the vehicle if they had to move cities,” the primary official stated.

The proposal has been despatched to State governments for feedback, and closing pointers shall be issued relying on feedback from stakeholders.

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