“The Supreme Court order banning registration of new diesel cars above 2,000cc in the National Capital Region for three months, clubbed the Aam Aadmi Party government’s flagship odd even car rationing formula in January, have hit the government exchequer hard –to the tune of nearly Rs 100 crore. Data obtained from the Delhi government show that the odd even scheme –implemented in the capital between January 1 and 15 to curb pollution has led to a loss of nearly Rs 40 crore, since the rule led to a significant drop in the sale of petrol and diesel within in the city. The department of trade and taxes earns a significant amount from the value added tax (VAT) on petrol and diesel.
“Similarly, the apex court order has decreased VAT collection by nearly 20.13%, since the sale of expensive diesel cars above 2000 cc has gone down since January. According to senior officials, the amount sums up to anywhere between Rs 40 and Rs 50 crore.” dna. Read it on delhiair.org.
Odd even scheme: SC ban on diesel vehicles hit AAP govt exchequer