Indian transport minister seeks lower GST for alternative fuels

July 31, 2017 |

In India, the transport minister has written to his finance counterpart to ask for a reduction of the 18% goods and services tax recently applied to biofuels in an effort to promote their use and reduce fossil fuel imports by 10%. Though biodiesel, for example, wasn’t subject to excise tax or in some states even VAT, the additional 18% GST is seen as a barrier to consumption. He also asked for a GST reduction on hybrid vehicles.

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