Streamlined Car Transfer Process and Penalties Introduced in Punjab: A Boost for Vehicle Owners
In a move geared towards simplifying the often intricate process of car ownership transfer, the Punjab provincial government has ushered in a series of reforms aimed at providing ease and efficiency for residents. Teaming up with the Motor Dealers Association, these alterations promise to revolutionize how car ownership changes hands, minimizing bureaucratic hurdles and enhancing public convenience.
These Innovations Unveiled:
A spokesperson from the Excise Department shed light on the innovative steps taken. Under the new guidelines, the onus of initiating the biometric transfer rests solely with the seller following the transaction. Once the buyer settles the payment, they mandated to complete the biometric verification process within 30 days. A failure to meet this timeline will trigger a nominal monthly fine of Rs. 10,000
Moreover, the revamped regulations extend flexibility to the realm of transfer documentation. Now, the combination of the National Database and Registration Authority (NADRA) family certificate alongside the inheritance certificate has been deemed acceptable for facilitating ownership transfers. The Excise Department has reinforced these updates with a robust penalty framework.
Upholding Accountability and Efficiency:
To ensure prompt compliance, a stringent mandate is in place. If biometric verification isn’t concluded within 120 days, an entirely new verification procedure will be enforced, accompanied by the imposition of the full penalty. This strategic move, as noted by the spokesperson, stands to not only streamline operations but also fortify overall operational efficiency.
Embracing Transparency and Smoother Transitions:
The recent alterations to the car transfer process in Punjab reflect a significant stride towards accountability and transparency in vehicle ownership exchanges. By adhering to the prescribed procedures and furnishing accurate details, residents can now anticipate a seamless and hassle-free encounter when transferring car ownership in the province.
These transformative shifts poised to create a palpable impact on car owners, ushering in a new era of convenience, simplicity, and a heightened sense of compliance. As these changes take root, residents can look forward to a more straightforward and transparent process when navigating the realm of car ownership transfer in Punjab.
