Good news for car buyers: Uttar Pradesh scraps registration tax on strong hybrids
8 months, 1 week ago

Good news for car buyers: Uttar Pradesh scraps registration tax on strong hybrids

Hindustan Times  

The Uttar Pradesh government has waived off registration tax on strong hybrid cars in a move that is a significant boost for green vehicles. In the circular, the state government said that a policy give a 100 percent waiver on the registration fee of strong hybrid vehicles will be implemented with immediate effect. Currently, Uttar Pradesh levies an 8 per cent road tax on vehicles priced below ₹10 lakh and a 10 per cent tax on vehicles priced above ₹10 lakh. This comes after last year, the Uttar Pradesh government announced a three-year exemption from tax and registration fees for the purchase of EVs which will be valid for five years for EVs manufactured within the state.

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History of this topic

Andhra Pradesh decides against incentives for hybrid vehicles in new EV policy
3 months ago

Andhra Pradesh decides against incentives for hybrid vehicles in new EV policy

Live Mint  

New Delhi: The Andhra Pradesh government has decided not to extend road tax waivers and cash incentives for buyers of hybrid vehicles, in its new sustainable electric mobility policy document seen by Mint. The policy targets the registration of 2 lakh electric two-wheelers and 20,000 electric four-wheelers by 2029, along with a fully electrified bus fleet for the Andhra Pradesh …

Allahabad HC Decines Plea Claiming Road Tax Exemption Should Be Allowed For Registration And Not Purchase Of Electric Vehicles In UP
3 months, 3 weeks ago

Allahabad HC Decines Plea Claiming Road Tax Exemption Should Be Allowed For Registration And Not Purchase Of Electric Vehicles In UP

Live Law  

The Allahabad High Court has dismissed a writ petition claiming exemption from payment of road tax on an electric vehicle purchased from Jammu. The notification issued by the State government under Section 3 of the UP Motor Vehicle Taxation Act, 1997 stipulates that road tax on purchase of electric vehicles registered in the State shall be exempted from the date …

5000 vehicle owners waiting for RC due to delay in Noida
7 months ago

5000 vehicle owners waiting for RC due to delay in Noida

Hindustan Times  

Around 5,000 new vehicle owners in Noida have been waiting for over a month to receive their Registration Certificates, said officials on Wednesday adding that the delays are due to dealers not submitting necessary documents to the Regional Transport Office. The Noida transport department, in response, has blocked the IDs of 55 car dealers who have failed to complete the …

Uttar Pradesh hybrid car tax waiver to remain or end? ‘Incentives may change’
7 months ago

Uttar Pradesh hybrid car tax waiver to remain or end? ‘Incentives may change’

Hindustan Times  

The Uttar Pradesh government reportedly said it had no plans to rescind the full waiver of registration fees on plug-in and strong hybrid cars. UP Chief Secretary Manoj Kumar Singh informed companies that the incentives given to plug-in and strong hybrid cars were intended to replace internal combustion engine vehicles. UP Chief Secretary Manoj Kumar Singh informed companies that the …

Maruti Suzuki shares surge 5% as UP frees hybrid vehicles from registration fees
8 months, 1 week ago

Maruti Suzuki shares surge 5% as UP frees hybrid vehicles from registration fees

Live Mint  

Maruti Suzuki India's shares surged 5% after Uttar Pradesh waived registration fees on hybrid cars. Shares of Maruti Suzuki India, India's largest automaker, surged 5% in early trade today, reaching ₹12,654 per share, following the Uttar Pradesh government's decision to waive registration fees on hybrid cars. {{^adFree}} {{/adFree}} In an effort to promote green mobility, the state government announced a …

UP Govt Exempts EV Buyers in State From Tax, Registration Fees
2 years ago

UP Govt Exempts EV Buyers in State From Tax, Registration Fees

News 18  

All electric vehicles bought in Uttar Pradesh have been exempted from paying registration fees, the Chief Minister Yogi Adityanath-led government said on Friday. “The motor vehicles shall be given 100 per cent exemption of tax specified for Electric Vehicle purchased and registered in Uttar Pradesh. The exemption is applicable on any electric vehicle purchased and registered in the state of …

THIS state to exempt EV buyers from road tax, registration fees. Details here
2 years ago

THIS state to exempt EV buyers from road tax, registration fees. Details here

Live Mint  

In order to promote electric vehicles, the Uttar Pradesh government has decided to provide some benefits for EV buyers. As per the statement, the government will exempt road tax and registration fees on purchase of electric vehicles for three years from October 14, 2022, as reported by news agency ANI. The government statement also said that the exemption will be …

Need a relook at tax on hybrid vehicles in India: Toyota
5 years, 9 months ago

Need a relook at tax on hybrid vehicles in India: Toyota

India TV News  

Hybrid vehicle sales in India are restricted by high taxation and unless it is reduced, volumes of such cars will remain low, a top official of Toyota Kirloskar Motor said. The company, which has been advocating technology agnostic approach towards popularisation of clean energy fuels, said under the current circumstances further investments on hybrid vehicles in India are not feasible. …

GST: Toyota says no change in plans for hybrid vehicles post new indirect tax regime
7 years, 8 months ago

GST: Toyota says no change in plans for hybrid vehicles post new indirect tax regime

Firstpost  

Under the new tax regime, prices of the company’s popular hybrid sedan Camry have gone up by an average of Rs 3 lakh. New Delhi: Toyota Kirloskar Motor today said it will not change its plans for hybrid vehicles in India despite increase in tax rates on the category of vehicles under GST resulting in higher prices. He said the …

Arun Jaitley hints at no review of GST rate on hybrid cars
7 years, 9 months ago

Arun Jaitley hints at no review of GST rate on hybrid cars

Live Mint  

New Delhi: Finance minister Arun Jaitley on Sunday hinted that the tax rate on hybrid cars will not be reviewed, saying the industry demands were not in sync with a study conducted by tax officers. The council had fixed 43% tax on hybrid cars, a rate that industry felt was too high for the fuel efficient vehicles. The GST Council, …

GST: Maruti Suzuki's RC Bhargava says 43% rate will make all hybrid cars unviable
7 years, 9 months ago

GST: Maruti Suzuki's RC Bhargava says 43% rate will make all hybrid cars unviable

Firstpost  

The Society of Indian Automobile Manufacturers, had earlier asked that hybrid and electric cars be taxed 10 percent lower than petrol and diesel cars. Last week, India said it would tax hybrid vehicles at a rate as high as 43 percent under a new unified tax regime set to come into effect from July 1. If the tax is not …

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