NEW DELHI: A lots states and Union areas have actually come on board to use motor vehicle tax or roadway tax concessions while purchasing new cars in lieu of ditching old ones.
5 states have actually also informed a one-time waiver of pending liabilities on automobiles older than 15 years which are scrapped at the Registered Vehicle Scrapping Facilities.Officials said Karnataka, Punjab, MP, Odisha, Jharkhand, Rajasthan, Bihar, Assam, Chandigarh and Mizoram have revealed a maximum refund of 25% of the road tax in case of scrapping individual automobiles and purchasing new ones against them.
These states have actually likewise revealed the maximum 15% discount rate on road tax in the case of commercial vehicles.
UP has actually announced to offer 15% rebate on road tax on personal and 10% on commercial automobiles while Maharashtra has actually decided to offer 10% rebate for scrapping both the classifications of vehicles.Officials stated 5 states - Assam, MP, Maharashtra, Odisha and Mizoram - have actually likewise announced the one-time waiver.