The new computerized registration book is valid for 5 years only, this is just like the new passport system. Whereas by doing so the door for earning revenue for government will remain open, it will also result in proper management of the registration, for example, previously people did not bother to transfer the registration and keep a vehicle running with the transfer letter, but by issuing the computerized copy now things have changed completely. Now the Transfer Form is available from the Excise Office only and they will put the date on which transfer form is issued and the new owner will have limited time to get the documents transferred, problems solved.
Another good thing is that now the original file is returned to the owner. I got the registration of my GS500 transferred to my name recently and with the new computerized book I also got the complete file with it (Invoice+Auction Papers) With the new system in working, it is now very important that you keep the original papers in your safe custody, otherwise you must know that serious problems await you somewhere in future.
