Gst On Hybrid Cars
Will stick to electric cars in short term: BYD India's Rajeev Chauhan
BYD India on Tuesday launched the electric multi-purpose vehicle eMax 7 in India at a starting price of Rs 26.9 lakh (ex-showroom)
 "Will stick to electric cars in short term: BYD India's Rajeev Chauhan")
48% tax on hybrid cars and 5% on EVs to stay for long: Amitabh Kant
Major car makers such as Maruti Suzuki India and Toyota Kirloskar Motor have been asking for lowering of taxes on hybrid cars
 "48% tax on hybrid cars and 5% on EVs to stay for long: Amitabh Kant")
Hyundai opposes duty relief on hybrids, says it will hurt petrol vehicles
Government of India has proposed to reduce GST on hybrid passenger vehicles to 5% and 12% on flex engines, while GST on diesel and petrol vehicles will remain at 28%
 "Hyundai opposes duty relief on hybrids, says it will hurt petrol vehicles")
Gadkari vows to eliminate petrol, diesel vehicles; tax cut for hybrid cars
As part of his ambition to make India a green economy, Union minister Nitin Gadkari wants to slash GST on hybrid vehicles and has vowed to rid the country entirely of the over 36 crore petrol and diesel vehicles. "One hundred per cent," Gadkari, the Union Minister for Road Transport and Highways, said when asked whether it is possible for India to get rid of petrol and diesel cars altogether. "It is difficult but not impossible. This is my vision," Gadkari said in an interview to PTI. He said India spends Rs 16 lakh crore on fuel imports. This money will be used for improving the life of farmers, villages will be prosperous and the youth will get employment, the minister said. Gadkari did not give any timeline to meet this ambitious target which even proponents of green energy believe is mind bogglingly difficult. The proposal to reduce GST on hybrid vehicles to five per cent and to 12 per cent for flex engines has been sent to the Finance ministry which is considering the ...
 "Gadkari vows to eliminate petrol, diesel vehicles; tax cut for hybrid cars")
Road ministry seeks GST rate cut for hybrid cars and CNG vehicles
Late last month, the GST Council had cut rates on EVs from 12% to 5%
 "Road ministry seeks GST rate cut for hybrid cars and CNG vehicles")
Cars may not become too costly after all; GST Council could reconsider levy
Tax incidence on hybrid vehicles will go up to 43% from current level of effective tax rate of 30.3%
 "Cars may not become too costly after all; GST Council could reconsider levy")
High GST rate will kill hybrid cars: Automakers tell govt
Hasmukh Adhia has clarified that small hybrid vehicles would be taxed at 28% and large ones at 43%
 "High GST rate will kill hybrid cars: Automakers tell govt")
