The government claims that the new rules would promote ease of doing business and transparency.
The Government of India has laid out new rules to regulate used car and bike dealers. It is said that the new rules would promote ease of doing business and transparency.
As per the new rules, dealers of registered vehicles will need to have an authorization certificate. This has been introduced to identify the authenticity of a dealer. The government has also laid out the procedure for the intimation of delivery of vehicles between the registered owner and the dealer.
Dealers will be able to apply for renewal of registration certificate, fitness certificate as well as duplicate RC. Dealers can also apply for NOC and transfer of ownership of the vehicles in their possession.
The latest amendment of the Central Motor Vehicle Rules, 1989, mandates every dealer to maintain an electronic trip register with details such as trip purpose, driver, time, mileage, etc.
Source: ET Auto
Source: Read Full Article