Green GST could drive buyers toward greener cars, says Vikram Pawah, BMW Group India.
Vikram Pawah, president of BMW Group India, suggests a 'green GST' linked to vehicle emissions to promote carbon neutrality. He believes a tax gradient based on emissions will push consumers towards greener cars, aiding in achieving carbon neutrality goals. BMW is focusing on electric vehicles and aims to lead in luxury EV sales in India.
Mumbai: Levying a 'green GST (goods and services tax)' on cars-where the tax rate goes up or down based on the vehicle's emission levels-will be the ideal path towards achieving carbon neutrality, said Vikram Pawah, president of BMW Group India. The gradient will incline consumers towards buying greener cars, he told ET.
