FADA Asks Dealers To Plan Liquidation Of BS4 Inventory As Per 31 March 2020 Deadline

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Capital Market
Last Updated : Feb 17 2020 | 4:04 PM IST
Federation of Automobile Dealers Associations (FADA) has appealed to all original equipment manufacturer (OEMs) to shift completely to BS-6 vehicles for all wholesale despatches to dealers and stop further billing of BS-4 vehicles with immediate effect to dealers thereby helping liquidation of current BS-4 inventory for a smoother transition to BS-6. FADA noted that the Supreme Court heard its application with respect to granting extension for sale and registration of BS-IV vehicles beyond March'20 but did not consider appeal for extension of sale deadline for stock vehicles. FADA President also advised dealers to plan liquidation of BS4 inventory as per 31st March'20 deadline for sale and registration of BS-IV vehicles

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First Published: Feb 17 2020 | 3:49 PM IST

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