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Electric cars to be tax-free in Maharashtra soon

January 04, 2016, 08:50 AM IST by CarWale Team
Electric cars to be tax-free in Maharashtra soon

Electric cars that will find their way on to Maharashtra roads will soon be free from taxes. A formal announcement will be made shortly, said Union Power Minister Piyush Goyal.

This means that the state will not levy VAT, road tax and registration charges on electric vehicles sold in the state. The “Currently electric cars are subject to VAT, road tax and registration charges. I have suggested a waiver of all taxes on electric cars to the state Chief Minister Devendra Fadnavis and he has agreed,” said Goyal.

“We will ask BJP-ruled states to waive the tax for electric cars but the other states will need to bring up the proposals themselves,” said the minister. Soon petrol bunks in the country will also have charging points for electric cars. “This will help cars on the move to get charged. If entrepreneurs are forthcoming, e-charging stations can be built as a separate unit which will further reduce pollution,” added Goyal.

Tags:e2o,Mahindra e2o,Mahindra
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