The Finance Ministry has rejected a proposal to reduce GST on hybrid cars to promote EV sales. However, the Uttar Pradesh government has waived road tax on strong hybrid vehicles, making them more affordable. Espirit Toyota, a popular dealership, highlighted this on social media, offering significant savings on models like the Toyota Innova Hycross, Toyota Hyryder, and Toyota Camry, with benefits up to Rs. 4.4 lakh.
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The road tax exemption is not exclusive to Toyota. Other strong hybrid models, such as the Maruti Suzuki Invicto, Grand Vitara, and Honda City Hybrid, also qualify for these discounts. Residents of Uttar Pradesh can enjoy these savings by presenting valid address proof. This initiative might encourage neighboring states to adopt similar measures, broadening the benefits for hybrid car buyers.