New Delhi [India], May 7 (ANI): The Union Ministry of Road Transport and Highways on Saturday said it has made 'Trade Certificate' and 'Trade Registration Marks' application electronic in a bid to promote 'ease of doing business'.

A Trade Certificate is required only in the case of vehicles which are neither registered nor temporarily registered. Such vehicles can only be in the possession of a dealer/ manufacturer/importer of motor vehicles, or a test agency specified in rule 126 or any entity specified by the Central Government.

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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 Ministry of Road Transport & Highways said in a statement.

"Streamlining of fees is also proposed, on the basis of the number of trade registration marks being applied for," the ministry said.

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Further, as the Trade certificate and registration marks are proposed to be allotted online i.e. electronically on the portal, therefore compliance burden regarding the intimation of loss or destruction of a trade certificate and application for duplicate has been removed, it added.

The validity of the Trade Certificate has been increased from 12 months to 5 years.

Ministry of Road Transport and Highways has published a draft notification dated May 5 in this regard. (ANI)

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