Govt likely to consider tax cuts on flex-fuel vehicles
The ministry of road transport has been pushing automakers to manufacture flex-fuel vehicles as the government targets use of cleaner fuels, aiming to reduce dependence on oil imports.
New Delhi: The Union government is considering a demand for reducing taxes on flex-fuel, or dual-fuel, vehicles, a move that could accelerate the push for cleaner transportation.
The ministry of heavy industries and the ministry of road transport and highways are in talks with stakeholders and may recommend a rationalization of goods and services tax (GST) on flex-fuel vehicles post the consultations, said two people familiar with the developments.
