Tata Motors urges govt to keep hybrid tax, Toyota lobbies for cut
Baua Electric
JANUARY 17, 2024
Currently, hybrid cars in India that use a petrol engine and an electric motor combined with an electric battery pack are slapped with as high as a 43 per cent tax, while pure petrol cars see a 48 per cent tax. On the other hand, electric cars are taxed at a five per cent rate under the GST regime.
Let's personalize your content