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The heavy industries ministry is reviewing petitions for a reduction in GST on flexible fuel vehicles (FFVs) from the current 28%, according to sources. The ministry consults with other government agencies and a range of stakeholders. Following the consultations, the ministry will recommend something to its finance counterpart. The GST Council would then decide on the issue, according to a senior official.
"We have received representations seeking reduction in GST on flex-fuel vehicles. We are conducting meetings on this issue to ascertain the views of various stakeholders and different ministries. But we are getting a mixed response. Some say that GST and cess should be reduced on FFVs because the government promotes their adoption. Currently, FFVs attract GST rate of 28%, plus 15% cess," the official added.
"We have been asked to review whether or not the GST on FFVs needs to be brought down," the official said, requesting anonymity.
An alternative fuel called flex fuel is created by mixing petrol with ethanol or methanol. Internal combustion engines that can run on multiple fuel types are standard on FFVs.
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