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Now, new car collection for straightforward state transfers | India Information

NEW DELHI: Come September 15, the federal government will enable registration of private automobiles beneath a brand new “BH” collection which can guarantee seamless switch throughout states and cast off the necessity for re-registration when the proprietor shifts from one state to a different.
To start with, such registration will likely be allowed for folks in transferable jobs similar to in defence, central and state governments, PSUs and likewise in non-public sector corporations which have workplaces in 4 or extra states and UTs.
The brand new regime of “Bharat” (BH) collection of automobiles, notified by the highway transport ministry, will likely be a voluntary scheme for the particular classes of auto homeowners. In the long term, the federal government goals to carry all automobiles beneath this collection for uniformity and hassle-free switch. The registration variety of such automobiles will point out the 12 months of registration, BH mark, numerical numbers and alphabets.
Presently, an individual is allowed to maintain a car for a most of 12 months in any state apart from the state the place it’s registered. The proprietor has to get such automobiles re-registered inside this deadline.
TOI had on April 28 first reported this transfer to have one nationwide registration collection for such private automobiles.
The car homeowners who go for this scheme should pay highway tax for 2 years or in multiples of two. “After completion of the 14th 12 months, the motorcar tax or highway tax shall be levied yearly and will probably be half of the quantity which was charged earlier for that car,” a ministry official stated.
The complete course of will likely be made on-line to make sure there isn’t any must go to the RTOs. The ministry has fastened the highway tax at 8% for automobiles costing as much as Rs 10 lakh, 10% for these costing between Rs 10-20 lakh and 12% for automobiles costing over Rs 20 lakh. There will likely be 2% additional cost for diesel automobiles and electrical automobiles shall be charged 2% much less tax.
As of now, whereas registering non-public automobiles, the homeowners pay 15 years’ highway tax upfront. In the event that they switch their automobiles to some other state and go for re-registration, they should pay the highway tax for the remaining years similar to 10 or 12 years.

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