Through PTI
KOLKATA: The West Bengal Friday introduced exemption of registration charges, motor automobile and extra taxes for 2 and four-wheeled electrical automobiles and all classes of CNG-operated automobiles from April 1, 2022 to March 31, 2024, a central authority reputable mentioned right here.
This will likely lower at the street costs of a number of classes of inexperienced calories operated automobiles, he mentioned.
For the ones automobiles which have been registered between April 1, 2022 and the date of issuance of the notification on Might 25, the monetary incentive will probably be within the type of extension of tax validity for the precise collection of days for which tax has been paid between April 1, 2022 to March 31, 2024, the order signed through shipping division secretary Rajesh Sinha mentioned.
The order exempting motor automobile and extra taxes at the side of registration charges for 2 and four-wheeled battery-operated electrical automobiles and all classes of CNG-operated automobiles from April 1, 2022 to March 31, 2024 is as consistent with the state finance minister’s finances announcement for 2022-23.
“It’s felt essential to offer some more or less monetary aid/exemption to incentivise funding in battery-operated electrical automobiles and in addition to incentivise aid in carbon footprint and to cut back dependence on petrol/diesel,” the order mentioned.
Trade watchers mentioned that the exemption of registration charges and motor automobile tax will act as a spice up for larger call for for blank energy-run automobiles.