Vehicles registered before ’03 to get 75% tax cut if scrapped

Shafaque Alam Shafaque Alam | 10-01 16:20

Last year too, the govt had come out with similar scheme, offering rebate on scrapping old vehicles for one-year period from March 11, 2023, to March 10, 2024.
UP govt has issued an order stating that owners of vehicles registered before 2003 will get a 75% tax exemption while those registered before 2008 will get a 50% rebate if they are scrapped. The order, issued by principal secretary (transport) L Venkateshwar Lu, states diesel vehicles, registered in NCR districts between 2008 and 2013, are also eligible for a 50% tax exemption.

Part of an initiative aimed at reducing air pollution in NCR, the order issued last week, states tax rebates will be available for six months between Sept 11 and March 10 next year with conditions applying to the scrapping process.

Last year too, the govt had come out with similar scheme, offering rebate on scrapping old vehicles for one-year period from March 11, 2023, to March 10, 2024.

Noida has nearly 1.5 lakh end-of-life vehicles, including 25,000 commercial vehicles that have not cleared their dues. Taxes for private vehicles are paid in one lump sum, while commercial vehicles are taxed quarterly, biannually, or annually. The new initiative not only offers tax exemptions but also waives penalties for non-payment of dues, provided the vehicles are scrapped at a Registered Vehicle Scrapping Facility Centre.

In 2015, the National Green Tribunal (NGT) banned ELVs – diesel vehicles older than 10 years and petrol vehicles older than 15 years – to reduce air pollution in NCR. As per the tribunal’s order, all ELVs in Delhi-NCR need to be deregistered as their emissions are carcinogenic.

Assistant RTO (administration) Siyaram Verma said the department will start a drive to ensure compliance with the NGT orders and encourage vehicle owners to scrap their old vehicles.

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