Gandhinagar, Oct. 1 -- The Gujarat Government has taken an important decision to encourage the scrapping of old vehicles and motivate vehicle owners to purchase new vehicles.

As per this decision, up to 50% concession in Motor Vehicle Tax will be provided at the time of registration of a new vehicle, based on the Certificate of Deposit (COD) issued after authorised scrapping of eligible old vehicles. This decision directly links the scrapping of old vehicles with a financial benefit.

According to a press release, under the guidance of Chief Minister Bhupendra Patel and the leadership of Deputy Chief Minister Harsh Sanghavi and Minister of State for Transport Pravin Mali, the direct implication of this decision is that the COD obtained a...