Sunday, January 26, 2020

Slash GST on Auto LPG, address policy issues stalling growth: Industry body to FM

LPG used as fuel in automobiles or Auto LPG, which is among the cleanest alternative fuels with a Global Warming Potential of 'zero' is currently taxed at 18 per cent GST. Also, the GST rates on Auto LPG/CNG conversion kits stand at a prohibitive 2 per cent, IAC said. High GST rates on clean fuels and conversions kits are in complete variance to the government's stated green mobility push, it said in a statement.

from Economy-News-Economic Times https://ift.tt/2RrKAGR
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