Indian government pushing hard for alternative fuel vehicles

December 22, 2014 |

In India, the government has proposed slashing all excise taxes on the purchase of vehicles that run on 100% biofuels, including personal transportation as well as buses. Currently excise taxes on vehicles run between 6-8%. Excise taxes for hybrid vehicles would be cut to 2%. The transport minister is pushing hard, especially for biofuels in public transportation.

 

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Category: Fuels

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