Haryana to give 50% VAT rebate to industrial units using natural gas | The Indian Express
The government also approved an annual subsidy of Rs 164.66 crore for electric vehicle manufacturers under the Haryana Electric Vehicle Policy 2022.
A decision in this regard was taken at a meeting of the Standing Finance Committee held here on Saturday under the chairmanship of Chief Minister Manohar Lal Khattar. Deputy Chief Minister Dushyant Chautala was also present in the meeting.
The use of diesel-powered generator sets is banned in the national capital region. Now the industries that will meet their energy requirement from CNG and PNG will get a 50 per cent exemption in the VAT.
The committee also approved an annual subsidy of Rs 164.66 crore for electric vehicle manufacturers under the Haryana Electric Vehicle Policy 2022.
“The chief minister was apprised that the EV policy aims to protect the environment, reduce the carbon footprint, make Haryana an EV manufacturing hub, ensure skill development in the EV field, encourage the uptake of EV vehicles, provide EV charging infrastructure and encourage research and design in EV technology,” a government spokesperson said.
According to the spokesperson, the policy encourages new electric vehicle manufacturers and urges other vehicle manufacturers to make electric vehicles. It offers the manufacturers incentives on fixed capital investment, net state GST, stamp duty, employment generation etc, the official added.
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