Delhi The government will provide 10-20 percent tax rebate on the purchase of new vehicles to vehicle owners who choose to declare their old vehicles as scrap. According to an official statement issued on Wednesday, Chief Minister Atishi has approved an incentive scheme to promote the initiative of converting old vehicles into scrap. This policy will be notified soon. “The government will provide incentives to those choosing to scrap their old vehicles by way of exemption in motor vehicle tax on purchasing new vehicles within three years,” the Delhi government said in a statement.
This way you will get discount
According to the statement, under this incentive policy, there will be a tax rebate of 20 percent on the purchase of non-commercial CNG and petrol vehicles, 15 percent on the purchase of commercial CNG and petrol vehicles and 10 percent on diesel vehicles. The objective of this policy of Delhi Government is to remove old polluting vehicles from the roads, so that the use of vehicles with less pollution and better emission standards can be promoted.
The vehicle will have to be given to the registrar scrap center
To avail benefits under this scheme, a person will have to take a certificate of deposit after giving his old vehicle for scrap at a registered facility centre. He will be able to get tax exemption by showing that certificate at the time of registration of the new vehicle within three years.
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