
The Indian Sugar and Bio-energy Manufacturers Association (ISMA) is urging the government to rationalize Goods and Services Tax (GST) on flex-fuel vehicles and higher ethanol blends in the upcoming Union Budget. ISMA Director General Deepak Ballani proposed reducing GST on flex-fuel vehicles from 18% to 5%, similar to electric vehicles, to promote clean mobility. He also suggested lowering GST on ethanol-blended fuels like E85 or E100 from 18% to 5% to make them more affordable and increase consumer acceptance. Ballani also noted challenges with sugar exports due to low international prices.
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