1. Form 29 vs Form 30: The Exact Legal Difference
Under Rule 55 of the Central Motor Vehicles Rules 1989:
2. Exact Signing Points: Seller, Buyer & Financier
3. The 14-Day Statutory Clock & Seller Legal Liability
Under the landmark Supreme Court ruling (*Naveen Kumar vs Vijay Kumar*), until ownership is officially updated in RTO records, the registered owner remains 100% liable for third-party accident compensation and traffic e-challans.
Crucial Rule: Always retain a timestamped, signed copy of Form 29 and the Delivery Note to prove the exact minute custody transferred.
4. Government Fee Structure & Monthly Late Penalties
| Vehicle Type | Statutory Govt Fee (Rule 81) | Smart Card + Postal | Late Fine (Per Month) |
|---|---|---|---|
| Two Wheeler (Bike/Scooter) | ₹150 | ₹250 | ₹300 / month |
| Light Motor Vehicle (Car/Cab) | ₹300 | ₹250 | ₹500 / month |
| Medium Goods / Heavy Transport | ₹500 | ₹250 | ₹1,000 / month |
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Start Free Sandbox (5 Vehicles) →Frequently Asked Questions
What is the primary difference between Form 29 and Form 30?
Form 29 is the Seller Notice of Transfer (seller intimates RTO that custody has been transferred). Form 30 is the bipartite Application for Ownership Transfer signed jointly by both seller and buyer.
How much time do I have to submit Form 29 and 30 after selling a vehicle?
Under Section 50 of the Motor Vehicles Act 1988, intra-state transfer must be reported within 14 days, and inter-state transfer within 45 days.