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Car Scrap - Things to know

The number of vehicles in the country are multiplying and this has caused a massive increase in the pollution levels. The pollution norms do bring some relief but is unlikely to cope up with the pollution levels.

Especially the vehicles that are more than a decade old. Not complying with the pollution norms, they are the once that cause the major damages to the ozone.

Thats to the government that it has applied stricter norms to sensitise people towards the need to Scrap Their Old Vehicles.

 

Under the proposed Voluntary Vehicular Fleet Modernisation Policy (V-VMP), vehicles bought before April 2005 or those below BS IV emission standards will be eligible for incentives if replaced by new ones. According to government estimates, the programme may help replace 28 million vehicles with less-polluting ones, thereby reducing vehicular emission. 

Under the proposed draft policy, people who surrender their old vehicles and buy new ones are likely to receive benefits including up to 8-12 per cent discount on the total cost of the new vehicles; value of scrap material from the old vehicles; and a partial excise duty rebate of up to 50 per cent.

STEP to scrap your vehicle

 

Part I (Get you car scrapped)

1.Look for an authorised dealer; always go for the one who is authorised by the government so that you can avail benefits on your next purchase.

2.Check the scrap value with the dealer. This is measured in terms of the weight of the metal and is lumpsum.

3.The scrap dealer shall provide you with a letter conforming that he is ready to buy the vehicle from you to scrap it further.

4.Take pictures of your car scrapping as a proof.

5. You also need to inform to insurance company that car will be scrapped, if in case insurance

is valid otherwise it is not then does not matter if tax is due, Insurance or Emission Check is expired.

 

 

Part II (Cancellation of the documents)
Submit the following documents to the RTO

 

 a.Original Smart Card / RC Copy

 

b.Cut out metal sheet portion of the scrapped vehicle chassis no. to the RTO for their record.

 

c. NOC from Traffic Police for No Dues Certificate on the car - no traffic fines / offence / cases on car.

 

d.Application which needs to be written pre-hand for cancellation of registration stating Car Registration number.

e.An application that states the reason of cancellation.

 

f.The letter given to you by the scrap dealer.

 

 As per statistics India can salvage over 1.5 million tons of steel scrap, 180,000 tons of aluminium scrap and 75,000 tons of plastic and 75,000 tons of rubber from scrapped automobiles using proper recycling methods.The government is trying hard to encourage people to scrap their old vehicles, and are working on policies for the same.

Not only are people benefitted with the End of Life Vehicle Recycling (ELV) monetarily but also helps in reducing the pollution levels thus improving the quality of life.