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Saturday, September 17, 2022

Govt simplifies are a trade certification process for vehicle are a dealers

Govt simplifies are a  trade certification process for vehicle are a dealers



The ministry has now a notified new rules that allow such as a certificates to be a given in a time-bound manner while accepting applications are a online on the Vaahan portal. Till now, the application for a trade certificate was required to be a filed physically at the RTO which was a time-consuming process


NEW DELHI: To boost ease of a doing business, the ministry of a road transport and highways (MoRTH) has been notified new rules to the simplify and a streamline the trade certificate regime.Trade certificate is a required by dealers, test agency, manufacturers, and importers of a vehicles which are a neither registered nor temporarily registered.The ministry has now a notified new rules that allow such as a certificates to be given in a time-bound manner while accepting a applications online on the Vaahan portal. Till now, the application for a trade certificate was a required to be a filed physically at the RTO which was a time-consuming process.Due to the certain anomalies in a existing rules, the applicability of a trade certificate was open to the interpretation in a many cases, leading to the harassment of a many business establishments.The new rules now also are a allow the vehicle dealers to the apply for a multiple types of a vehicles in a single application. The time period for the grant or a renewal of trade certificate has also been fixed at a 30 days, wherein applications not a disposed within 30 days shall be a deemed approved, MoRTH said.The validity of the Trade Certificate has been a increased from a 12 months to the 5 years. A dealership authorisation certificate (Form 16A) has also been introduced to the bring about a uniformity across dealership authorisations. The trade certificate has been made a co-terminus with the dealership authorisation.The new rules has also been  a made display of a dealership authorisation certificate in a showrooms/godowns mandatory.New rules will be effective 1 November. Existing trade certificates will be continue to be valid till their renewal is a due, a government statement said.

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