India may lower GST on biodiesel vehicles

January 9, 2018 |

In India, the biodiesel industry be able to breathe a sigh of relief come January 18 when the Goods and Services Tax Council is set to meet to discuss lowering GST for a number of categories including biodiesel vehicles. Those vehicles are currently taxed at 28%, a level seen a frustrating the growth of the national fleet rather than promoting the consumption of biofuels as is in line with the rest of the government’s transportation policy.

Print Friendly, PDF & Email

Tags: , ,

Category: Producer News

Thank you for visting the Digest.