In News: Recently,The Ministry of Road Transport and Highways released several draft amendments to the Central Motor Vehicles Rules, 1989.
These include the following amendments:
Concession in tax
- Draft amendments to the 1989 Rules propose giving tax concessions to vehicles registered against a certificate of vehicle scrapping.
- The certificate will be issued by a registered vehicle scrapping facility after the scrapping of a vehicle.
- In case of non-transport vehicles, the concession will be up to 25% of motor vehicle tax, and will be available for up to 15 years from the date of registration.
- For transport vehicles, the concession will be up to 15% of the tax and will be available for up to eight years from the date of registration.
Fees for registration
- The 1989 Rules lay down fees and other documents including letters of ownership and authority required for issuing registration certificates.
- The draft Rules seek to
- Increase fees for issuing and renewing certificates of registration,
- Specify fees for conducting fitness tests and grant renewal of fitness certificates for vehicles older than 15 years.75
Fuel
- The draft amendments propose that the safety requirements for certain vehicles running on anhydrous ethanol or blends of ethanol with gasoline be established in accordance with Automotive Industry Standards.
Source: PRS India
