Government of India has proposed to reduce GST on hybrid passenger vehicles to 5% and 12% on flex engines, while GST on diesel and petrol vehicles will remain at 28%HyundaiVasudha Mukherjee New Delhi Ahead of its IPO filing, Hyundai has become the latest among car manufacturers in India to raise objections to duty relaxations for hybrid vehicles, arguing that such measures could disrupt the sales of petrol and diesel vehicles. It has joined domestic car companies such as Tata Motors and…
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Hyundai opposes duty relief on hybrids says it will hurt petrol vehicles | Auto
