1. Maharashtra govt likely to exempt e-vehicles from VAT, road taxes

Maharashtra govt likely to exempt e-vehicles from VAT, road taxes

Maharashtra is likely to become the first state in the country to exempt electric vehicles from VAT, road taxes and registration fee to promote the green energy concept of the Centre, as per Union minister of state for coal, power, new and renewable energy Piyush Goyal.

By: | Chennai | Published: January 3, 2016 12:05 AM

Maharashtra is likely to become the first state in the country to exempt electric vehicles from VAT, road taxes and registration fee to promote the green energy concept of the Centre, as per Union minister of state for coal, power, new and renewable energy Piyush Goyal.

The minister, who spoke to Maharashtra chief minister on exempting electric vehicles from all taxes, said the state government has completely agreed to his proposal and would soon make an announcement in this regard. He also remarked that the BJP-ruled states will be asked to do so to promote green energy concept of the Union government in a big way and set a precedent for other states to follow.

At the Mahindra & Mahindra’s Research Valley after inaugurating the company’s first bio-CNG plant in on Saturday, Goyal said, “I have spoken to Maharashtra government today on the union government’s letter in exempting e-vehicles from all state taxes. In return, the chief minister responded positively and I hope the state will come out with an announcement in this regard soon.”

“Every state government has its own responsibility in promoting clean and green concept. Exempting e-vehicles from all state taxes is purely a state subject. I will ask all the BJP-ruled states to make a such an announcement for electric vehicles to promote Union government’s initiative in this regard as well set a precedent for other states to follow,” Goyal added.

Goyal, who was dwelt at length on the various initiatives put forth by the Union government, said it has decided to set up at least 5,00,000 battery charging stations across the country initially in public private partnership (PPP) model to encourage e-vehicle sales in India. “We are working with all stakeholders to see how to reduce the cost, while setting up all lakhs of charging staations,” he added.

Pawan Goenka, executive director, Mahindra & Mahindra, said the company welcomes the ministry’s initiatives and will look at all the possibilities in joining hands with the government in setting up charging stations. “We will rope in number of entrepreneurs to set up charging stations across the country and will also work with industry experts on how to bring down the cost in setting up such stations.”

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  1. R
    Raj
    May 23, 2016 at 8:12 am
    I think Mahindra has plans to manufacture electric cars. Thats why all this preparation.
    Reply

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