The 2016-17 financial year ends with the ban of BS-III vehicles in India. It was the Supreme Court which implemented this strict orders upon all the vehicle dealers across the nation. According to the rule no two-wheeler or four-wheeled vehicles with BS-III compliant engines are supposed to be sold or registered from the 1st of April 2017.
In order to avoid huge a loss on the remaining inventories, many dealers has offered a huge discount for their remaining BS-III vehicles on 30th and 31st of March 2017.
As they failed to sold all their BS-III models, many dealers registered the remaining vehicles to their own as well as to the employees name. This would helps them to resale these models to the demanded customers with some marginal discount from the ex-showroom price. One dealer from the Trivandrum of Kerala alone registered 100 vehicles to their name, hoping to sell these models in the near future. More than 1000 motorcycles in the state has been registered in this manner.