RC renewal for 15-year previous automotive or bike to change into costlier

The Ministry of Road Transport and Highways (MoRTH) earlier this week issued a draft notification proposing a hike within the renewal charges of the registration certificates (RC) of 15-year-old autos.
According to the notification, RC renewal for such autos will change into costly ranging from October 1, 2021. This new rule is part of the federal government’s total plan to roll out a complete automobile scrappage coverage.
Starting from October this yr, automotive homeowners who wish to renew the RC of their 15-year previous automotive might need to shell out Rs 5,000, which is sort of eight occasions increased than what they pay presently. Those who need to renew the RC of their 15-year previous bike could must pay Rs 1,000.

The hike isn’t solely restricted to non-public autos however to business autos as effectively. Getting a health renewal certificates for a 15-year previous bus/truck might be as a lot as Rs 12,500, whereas renewing an RC for a three-wheeler could price Rs 2,500, the notification confirmed.
Additionally, homeowners can even must pay a charge of Rs 200 if the RC is a brilliant card kind issued or renewed in Form 23A.

The draft additionally states that in case of delay in renewing RC, a further charge of Rs 300 to Rs 500 penalty monthly could must be paid, whereas a delay in renewal of health certificates would entice each day advantageous of Rs 50.
The ministry has requested stakeholders to submit suggestions on their proposal inside a interval of 30 days.