Zee Biz Exclusive: Centre Proposes To Reduce GST On Flex Fuel Automobiles; GST Cut On Hybrid Vehicles Also In The Pipeline
Zee Business Video Team | Updated: May 24, 2023 09:17 am
The central government is more inclined towards promoting vehicles that produce less or no pollution. It's the reason the government is coming up with new ways to encourage people to buy such vehicles. Zee Biz sources said that for the same reason, a government committee has proposed to reduce the Goods and Services Tax (GST) from 28 per cent to 5 per cent on flex fuel automobiles. Sources said that proposal can be sent to the fitment committee of GST.