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India trade department backs lower tax on hybrid cars in green push- sources, ET Auto

Hybrid Cars: India s combined sales and additional taxes on hybrid vehicles sales are as high as 43%, based on the size of the car, compared with the highest rate of 50% imposed on petrol and diesel cars. India taxes electric vehicles (EVs) at just 5%. ....

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India trade department backs lower tax on hybrid cars in green push: Sources

India s combined sales and additional taxes on hybrid vehicles sales are as high as 43%, based on the size of the car, compared with the highest rate of 50% imposed on petrol and diesel cars. India taxes electric vehicles (EVs) at just 5%. The move could boost the prospects in India of Japan s Toyota Motor, the world s largest carmaker, which has been lobbying for months for lower taxes for hybrid cars, arguing such vehicles are far less polluting than petrol cars. ....

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