News/City Updates

Commercial vehicles older than 20 years cannot be used in India from 2020

The Central Government of India has recently taken the decision of capping the life of commercial vehicles to 20 years. This implies that no commercial vehicles like trucks, taxis, buses etc can be used for more than 20 years.

The rule is going to be applied from 2020. Therefore, any vehicle, bought and registered, in, or before, the year 2000 will no longer be used on the roads. However, there will be no such rule for the private vehicles. Alternatively, they have to pass a fitness test, post which they can continue.

Since there will be a mechanism of capping, the age starting from 2020, the older commercial vehicles will be automatically be deregistered from the records. It is estimated that at least seven lakh commercial vehicles, registered before 2000, will be out of the road in 2020.

In addition to this, it is also reported that the Government of India will provide some tax relief to the people who scrap their old vehicles and buy a new one against it.

This decision was taken in a meeting in the Prime Minister’s office. The meeting was reportedly attended by officials from Niti Aayog, as well as different ministries such as transport, heavy industries, finance, and environment.

The GST Council will also be proposed to allow the sale of old vehicles, as a scrap out of the GST regime.

This story has been first published on Times Of India

This post was last modified on 17/03/2018 4:52 am

Leave a Comment

Recent Posts

Aviation shake-up: Govt gives green signal to three new airlines following IndiGo crisis to boost operations

On Wednesday, December 24, Union Minister of Civil Aviation Kinjarapu Ram Mohan Naidu posted on…

1 hour ago

Cold wave grips Agency areas

Several parts in the North Andhra region, particularly the hilly areas in the ASR district,…

2 hours ago

Unacademic hobbies for kids every child should be encouraged to try!

In today's world, parents face a unique set of challenges as they strive to provide…

3 hours ago

Special prayers mark Christmas in Vizag

Special prayers at colourfully decorated churches, singing carols, and the exchange of greetings marked Christmas…

20 hours ago

Kargil travel guide: Best places to visit, things to do & travel tips

Kargil is known as the pride of India. It was here that India recaptured the…

21 hours ago

Vizag street vending project blitz: Street vendors win big with Rs 1,425 crore project

Visakhapatnam is set to have modern street vending zones as the Andhra Pradesh government launches…

22 hours ago