Buying diesel vehicles will be expensive, preparation to impose 10% extra GST
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Buying diesel vehicles will be expensive, preparation to impose 10% extra GST
New Delhi: Speaking at the 63rd Society of Indian Automobile Manufacturers (SIAM) convention, Union Minister Nitin Gadkari said that, he is planning to request Union Finance Minister Nirmala Sitharaman to impose additional 10 percent GST on diesel engines/vehicles. . Diesel vehicles cause the most pollution, and the government wants their number on the road to be minimal.
He said, “I have prepared a letter, which I will submit to the Finance Minister this evening, in which it is proposed to impose an additional 10% GST on diesel vehicles and all diesel-powered engines.”
Gadkari said that, he is proposing 10% additional Goods and Services Tax (GST) on diesel-powered vehicles to encourage automobile companies to reduce the manufacturing of diesel vehicles. So that the manufacturing of diesel vehicles can be reduced and the pollution caused by it can be controlled. According to the Society of Indian Automobile Manufacturers (SIAM), Nitin Gadkari has asked the automobile industry to think about this on its own.
Nitin Gadkari said that the auto industry should automatically move forward taking cognizance of the pollution caused by diesel vehicles. Otherwise, the government will have no other option but to create such conditions due to which they themselves will be forced to do so. He said, “Say goodbye to diesel… take suo motu action, otherwise we will increase the tax so much that you will not be able to sell diesel vehicles.”
He said that in the last 9 years the share of diesel cars has decreased from 335% in 2014 to 28% now. He told about the harm caused to the environment by diesel engines and also talked about curbing pollution and carbon emissions. The government hopes that by increasing the tax on diesel vehicles, their production and sale will reduce, which will help in reducing pollution.