What came as a relief for the auto industry, the Supreme Court today eased the March 31 deadline for the sale of BS4 vehicles in India, giving an extension of 10 days post the end of the lockdown period. The 21-day lockdown period will end on April 14, which means dealers can sell their BS4 stock till April 24, 2020. Given the special circumstances, where dealerships are facing a tough time clearing their BS4 stock due to the coronavirus lockdown, the apex court has ruled that only 10 per cent, of unsold BS4 vehicles can be sold within 10 days of end of lockdown, but no sale in Delhi NCR. The ruling also said that the BS4 vehicles have to be registered within 10 days of sale.
Federation of Automobile Dealers Association (FADA) and the Society of Automobile Manufactures (SIAM) had moved the top court for extending March 31 deadline for sale of BS4 vehicles. FADA argued that 15,000 passenger cars, 12,000 commercial vehicles, 7 lakh 2-wheelers are at stake due to, first the slowdown in the industry and the later the drop in footfall at showrooms due to the coronavirus pandemic.
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