Renewal of the RC for 15-year-old cars to rise to Rs 5,000
Published March 19, 2021 4:59:00 PM
15-year-old two-wheelers will be charged Rs 1,000 for registration renewal.
The Ministry of Road Transport and Highways (MoRTH) has published a draft notification proposing an increase in tariffs for the renewal of the registration of vehicles over 15 years old.
- Renewal of registration certificates for 15-year-old vehicles to become more expensive from October 1, 2021
- Renewal of the registration of imported bicycles and cars revised at Rs 10,000 and Rs 40,000, respectively
- Late renewal penalties have also been revealed
The new proposal will be applicable to all private vehicles and commercial vehicles from October 1, 2021. The price of renewing the registration of a 15-year-old car has risen to Rs 5,000, while for two-wheelers it has increased to Rs 5,000. amounts to Rs 1,000.
In addition, the registration renewal fee for imported bicycles and cars will be Rs 10,000 and Rs 40,000 respectively.
In addition, the proposal also adds penalties for delays in requesting renewal of a registration certificate. An additional Rs 300 will be charged for each month of delay (or part of it) with respect to motorcycles. A fine of Rs 500 will be imposed for the cars.
The notification also includes the cost of carrying out aptitude tests for vehicles over 15 years old – Rs 400-500 for two-wheelers and Rs 800-1000 for passenger vehicles. The renewal rates for certificates of fitness are proposed at Rs 1,000 for motorcycles and Rs 7,500 for cars.
This new draft notification aims to encourage owners of older vehicles to opt for the new voluntary vehicle scrapping policy, what was announced in the Lok Sabha just yesterday.
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