At present, a discount of 25 per cent in Motor Vehicle tax is provided on purchase of a new vehicle after scrapping old personal vehicles, while the rebate is capped at 15 per cent in case of commercial vehicles.
The ministry clarified that an agriculture tractor is a non-transport vehicle and registered for 15 years initially. Its registration can be renewed for five years at a time, once the initial registration period of 15 years is completed, an official release said.