Tax on hybrids should be merit-based: Toyota Motor

AMID growing popularity of hybrid vehicles in India, Toyota Kirloskar Motor (TKM) said the final call taken by the GST Council regarding tax relief on hybrid cars should be "meritbased" rather than the current system where taxes on fourwheelers are determined by body and engine size.

-  ARSHAD KHAN

The manufacturer of Innova Hycorss and Hyryder models said they are doing their best to bring down prices of hybrids in India.

"It is up to the GST Council to take a call on GST rate on hybrids... What we are saying is that policies and taxation should be aligned towards the national goals (i.e becoming self-energy reliant and reducing carbon emission) and enabling consumers to make a better choice in terms of technology meeting those national goals," said Vikram Gulati, country head and executive vice-president, Toyota Kirloskar Motor.