StayAtHome StaySafe StayHomeIndia
Our Tagline is INDIA MOVING ON WHEELS but not as of now!!
As per Supreme Court ordered today, it has been confirmed that the sale of BS-IV compliant vehicles will be allowed for 10 days after the India lockdown over the coronavirus pandemic is completed in April or later.
The Federation of Automobile Dealers Associations (FADA) on Tuesday sought modification of the Supreme Court’s October 24, 2018 order that prohibited sale and registration of BS-IV compliant vehicles from April 2020.
The Supreme Court decision comes as a offer at a time when the government has granted relief in several sectors, including extension of deadline for tax filings and allowing a three-month moratorium on EMIs for bank loans.
FADA argued that around 15,000 passenger cars, 12,000 commercial vehicles, 700,000 two-wheelers are at stake due to the slowdown in the industry and the later the drop in footfall at showrooms due to the coronavirus pandemic.
While dealer councils had approached manufacturers to ask them to reimburse dealers for the losses they are set to suffer. Dealers also considered registering remaining BS4 vehicles in their own name to later sell them off as pre-owned vehicles. Some dealers also suggested the manufacturers take back the remaining vehicles to disassemble them and use them as spares.