One of the few things that have been discussed in great detail about our auto industry is the vehicle scrappage policy that took a long time to get formulated and put into force but has finally been released. Across the globe, the governments have implemented various scrappage schemes in collaboration with the carmakers. India, however, has been late to the party, and it’s only now that a full-fledged scrappage scheme has been put into force.
In order to fight pollution, the Indian Government’s car scrappage policy targets the replacement of old vehicles with new, cleaner ones. On the expiry of the registration of any vehicle, the owner can go to a government-authorised scrapping center and surrender the vehicle.
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There are many benefits of vehicle scrapping. These include –
One might believe that the returns from scrapping a vehicle will be pretty small as compared to the convenience and emotions that come associated with, here’s exactly what one would get for his car-
The Society of Automobile Manufacturing (SIAM) has recommended the government to offer incentives in all possible forms to those who plan to scrap their 15-year-old vehicles.
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In order to make the entire process of scrapping a car hassle-free, the Government of India has joined hands with Mahindra Accelo to make sure the scrapping of vehicles is easy and efficient. Below are the steps to follow to scrap a car in India-
Below are some simple rules for scrapping an old car-
Once the above steps have been followed, the RTO scrutinizes the submitted document and issues a no-objection certificate (NOC) from the police and the National Crime Records Bureau (NCRB). Once all the paperwork is cleared in accordance with the rules of the vehicle scrapping policy, the vehicle is deregistered by the RTO.
Once the registration certificate of a vehicle has expired, the car is eligible for scrapping. Also, vehicles that don’t adhere to the minimum emission requirements are eligible for scrapping. A detailed set of guidelines will be issued in the months to come.
In case your vehicle is not registered in Delhi-NCR, and you don’t want to get it scrapped, you can re-register it in another state. However, in such a case, you might end up having to pay a huge sum of money for the re-registration fee (Rs 600 to Rs 15,000). For commercial four-wheels, the re-registration fee will be increased from Rs 1,000 to Rs 20,000. Also, the registration validity will be increased for just 5 years.
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