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Centre wants states to cap VAT on CNG at under 5%

Centre wants states to cap VAT on CNG at under 5%

Monday, January 27, 2020, 10:21 AM

The Centre wants the states to limit the value-added tax (VAT) rates on compressed natural gas and liquefied natural gas (CNG/LNG) at under 5%. The Centre has also pitched for lowering of road taxes for vehicles running on CNG/LNG by states to make these on par with the rates charged on electric vehicles (EVs).
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