While addressing the country, Prime Minister Narendra Modi declared an augmentation of country lockdown till May 3, 2020. The lockdown was initially expected to traverse 21 days, from March 25 to April 15.
With the lockdown further extended, the Federation of Automobile Dealers Association (FADA) will be moving to the Supreme Court to review the BS4 vehicle registration deadline.
On March 27, 2020, the Supreme Court had given a ten-day extension for the sale and registration of BS4 vehicles post the lockdown (ie.April 15), but with the current extension, the Regional Transport Office (RTOs) will be unable to register new vehicles as they remain closed till the May 3.
According to records accessible to the court, there are 1,05,000 BS4 bikes, 2,250 BS4 passenger cars, and 2,000 BS4 commercial vehicles that are yet to be sold.
With respect to the new offer of BS4 vehicles, the lockdown expansion will simply concede the business window accessible to vendors.
According to the Supreme Court’s judgment, auto dealerships will be permitted to sell only 10 percent of their unsold BS4 stock for 10 days post the lockdown. Should the all-encompassing lockdown end on May 3 as expected, retailers will have between May 4-13 to sell their BS4 stock. According to FADA, the unsold BS4 stock with dealerships across the nation is nearly 7,00,000 bikes, 15,000 cars, and 12,000 commercial vehicles.
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