Delhi govt reduces VAT on hybrid cars, e-rickshaws to curb air pollution: The Indian Express

Screen Shot 2016-05-11 at 8.54.22 PM.png“Delhi government has reduced Value Added Tax (VAT) on hybrid cars, battery-operated vehicles and e-rickshaws from 12.5 per cent to 5 per cent, projecting it as a step towards reducing air pollution in the city. The reduction was one of the measures announced in the 2016-17 budget. The revised VAT rates which will reduce the cost of a host of items including marble, sweets, ‘namkeens’, school bags, footwear and ready-made garments have come into effect following a notification issued on May 10.

“The government termed it as a step towards making VAT rates in Delhi the lowest in the country. ‘This step apart from promoting eco-friendly vehicles to reduce pollution in the city will also bring relief to large number of entrepreneurs earning their livelihood by plying e-rickshaws. It is expected that a large number of consumers will shift from petrol or diesel vehicles to hybrid vehicles,’ an official statement said.” The Indian Express. Read it on delhiair.org.

Delhi govt reduces VAT on hybrid cars, e-rickshaws to curb air pollution

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