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The validity of the trade certificate has been proposed to be increased from 12 months to five years.
A trade certificate is required only in case of vehicles that are neither registered nor temporarily registered. Such vehicles can only be in the possession of a dealer, manufacturer or importer of motor vehicles, or a test agency specified in rule 126 or any entity specified by the central government.
”In an endeavour to promote ‘Ease of doing business’, it is proposed that such agency can apply for a trade certificate and trade registration marks electronically for multiple types of vehicles in a single application on the Vahan portal, without the need to visit the RTO,” the statement said.
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