NAP a bane for hybrid car players


  • Business
  • Saturday, 01 Mar 2014

WHEN the National Automotive Policy (NAP) was unveiled earlier this year, the biggest shake-up was that the tax exemption for energy efficient vehicles (EEVs) and electric vehicles (EVs) would be taken away if they were not locally assembled.

Not surprisingly, some hybrid car players were unhappy.

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Business , EEV , EV , tax exemption

   

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