Oil Ministry proposes reduction in GST on CNG vehicles

Oil Ministry proposes reduction in GST on CNG vehicles: In a bid to help the government’s drive to popularise gas vehicles, the oil ministry has put forward a proposal of reducing the goods and services tax on compressed natural gas (CNG)-driven vehicles to 5% from the current 28%, which is at par with electric vehicles.

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE