The Bihar government vide notification dated 1st February 2022 has revised the rate of rebate to be given on submission of Scrapping certificate at the time of registration by scrapping facilities. As per Motor Vehicles (Registration and Functions of vehicle Scrapping Facility) Rules, 2021, an applicant may make an application in the prescribed Form-1, addressed to the Registration Authority of the concerned State Government or Union territory Government where the Registered Vehicle Scrapping Facility is intended to be located along with,-
(i) a non-refundable processing fee of Rs. 1,00,000/- (Rupees One Lakh only) for each Registered
Vehicle Scrapping Facility proposed to be established; and
(ii) an earnest money deposit by way of a bank guarantee of Rs. 10,00,000/- (Rupees Ten Lakhs) for
each Registered Vehicle Scrapping Facility proposed to be established, in favour of the Registration
Authority or as a non-interest-bearing security deposit for a period, co-terminus with the validity of
the initial registration period, plus ninety days.
If registration is made for the submission of the Certificate of Deposit of the vehicle, In case of non transport vehicle 25% rebate in current Motor Vehicle Tax shall be given, which shall be availed upto 15 years from the date of registration.
In case of transport vehicle 15% rebate in current Motor Vehicle Tax shall be given, which shall be availed upto 08 years
from the date of registration. of the current tax shall be used upto 08 years from the date of registration.
