 "Govt plans to make trade certificate process online for vehicle dealers")
To promote ease of doing business, the Ministry of Road Transport and Highways (MoRTH) has proposed that a dealer, manufacturer or importer of motor vehicles can apply for a trade certificate electronically for multiple types of vehicles in a single application on the Vahan portal, according to an official release.
The validity of the trade certificate has been proposed to be increased from 12 months to five years.
A trade certificate is required only in case of vehicles that are neither registered nor temporarily registered.
Such vehicles can only be in the possession of a dealer, manufacturer or importer of motor vehicles, or a test agency specified in rule 126 or any entity specified by the central government.
"In an endeavour to promote 'Ease of doing business', it is proposed that such agency can apply for a trade certificate and trade registration marks electronically for multiple types of vehicles in a single application on the Vahan portal, without the need to visit the RTO," the statement said.
According to the statement, streamlining of fees is also proposed, on the basis of the number of trade registration marks being applied for.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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