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In a bid to encourage e-mobility in India, the Ministry of Road Transport and Highways (MoRTH) today proposed to exempt battery-operated vehicles from payment of fees for issuing and renewing registration certificates. The new draft notification states that any electric vehicle (EV) buyer will be exempted from paying a registration fee for a new EV or a fee for renewal of registration as well. Now to give you an idea, the registration fee for a vehicle ranges from ₹ 300 to Rs 1500 only. So the more substantial thing would be a subsidy in road tax which varies in different states.
MoRT&H has issued a draft notification proposing to exempt Battery Operated Vehicles from payment of fees for the purpose of issue or renewal of Registration Certificate and assignment of new registration mark. This has been notified to encourage e-mobility. pic.twitter.com/rStGcgjYHQ
— MORTHINDIA (@MORTHIndia) June 1, 2021
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The registration fee for a vehicle ranges from ₹ 300 to Rs 1500 only.
MoRTH took to twitter sharing this information. The tweet read, "MoRTH has issued a draft notification proposing to exempt Battery Operated Vehicles from payment of fees for the purpose of issue or renewal of Registration Certificate and assignment of new registration mark. This has been notified to encourage e-mobility."
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The proposal will cover all segments.
Earlier, MoRTH had also proposed a concession of 25 per cent on road tax for personal vehicles and 15 per cent for transport vehicles against a scrapping certificate. The new scrappage policy is expected to come into effect from October 1 this year. According to the new proposal, if the vehicle is registered against submission of "Certificate of vehicle scrapping", the concession in the motor vehicle tax will be up to 25 percent, for non-transport vehicles and up to 15 percent for transport vehicles. A similar concession for EVs too could help in expediting EV adoption in our market.
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