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    Tuesday, April 23, 2024
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      Government Notify New ‘BH’ Registration Series for Personal Vehicles

      Road transport ministry notify a new series for “Bharat series (BH)” for registration of personal vehicles own by defence personnel, employees of Central and state governments, PSUs and private sector companies and organizations which have their offices in four or more states and UTs.

      This scheme will be voluntary.

      For now a person is allow to keep a vehicle for a maximum of 12 months in any state other than the state where it is register.

      The owner has to get such vehicles re-register before the expiry of 12 months.

      The pilot scheme of “BH” series was notify with the aim to make the transfer of such vehicles to other states seamless and hassle free.

      There is a high possibility of such persons getting transfer frequently and they need to take their personal vehicles to other states.

      The vehicles register with this new series “BH” which stands for Bharat won’t require re-registration when the owners are transfer to a new state.

      Vehicle owners will have the option to go for the “BH” series and in this case they have to pay the road tax for two years or in multiple of two.

      The entire process will be made online to ensure there is no need to go to the RTOs.

      Earlier the ministry had propose an “IN” series.

      “IN” series had also propose that employees of private firms that have offices in at least five states and UTs would be eligible.

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      While in the final notification the “IN” series has been replace with “BH”.

      Currently when you registering private vehicles then the owners need to pay the 15 years’ road tax upfront.

      If they transfer their vehicles to any other state and go for re-registration, they need to pay the road tax for the remaining years such as 10 or 12 years.

      Then they need to claim the already paid amount from the state where the vehicle was originally register.

      The new regime aims to put an end to this problem.

      Centre government has not gone for a system where the road tax amount is automatically transfer among states considering that all states need to come on board for this and secondly the road tax slab is different from state to state.

      In the new “BH” series regime the ministry has fix the road tax :
      • 8% for vehicles costing up to Rs 10 lakh.
      • 10% for those costing between Rs 10-20 lakh.
      • 12% for vehicles costing over Rs 20 lakh.

      There will be 2% extra charge for diesel vehicles and electric vehicles shall be charge 2% less tax.

      Motor vehicle tax or road tax will be impose for two years or in multiple of two.

      Road Transport Ministry Official Said :

      “After completion of the fourteenth year, the motor vehicle tax shall be impose annually which shall be half of the amount which was charge earlier for that vehicle,”.

      THANK YOU FOR READING.

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