flex gasoline automobiles: Heavy industries ministry weighs discount of GST on flex gasoline automobiles
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“We have now acquired representations looking for discount in GST on flex gasoline automobiles. We’re conducting conferences on this subject to establish the views of assorted stakeholders and totally different ministries. However we’re getting a combined response. Some folks say that GST and cess needs to be diminished on FFVs as a result of the federal government is selling their adoption. At the moment FFVs entice GST price of 28 per cent, plus 15 per cent cess,” the official added.
“We have now been requested to evaluate whether or not or not the GST on FFVs must be introduced down,” the official mentioned requesting anonymity.
Flex gasoline is an alternate gasoline manufactured from a mixture of petrol and methanol or ethanol. FFVs come outfitted with inner combustion engines designed to run on a couple of kind of gasoline.
