‘OEMs have a responsibility, should not exaggerate the benefits of their technology’
Currently, EVs get the benefit of 5% GST, while the tax on other vehicles varies between 29% (for small cars) and 43% (for cars above 4 metres). Rajeev Chaba, Chairman Emeritus, MG Motor India is of the view that policy intervention for fuel technology in terms of GST should be decided based on three factors– size of the car, fuel efficiency and emissions. He suggests that auto manufacturers should be responsible and not go to such an extent, to exaggerate the benefits of the technology that they have invested "in such a way that it becomes unbelievable".
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