To attract people towards electric vehicles, the Uttar Pradesh government announced 100% tax benefits for any electric vehicles in the UP state.
This offer will be available on the road tax as well as registration fees on any electric vehicles.
The announcement comes in accordance with Uttar Pradesh EV Policy that was announced last October.
This benefit is applicable on any electric vehicles purchased and registered in Uttar Pradesh under the Government scheme for up to 3 years. Besides, this offer Uttar Pradesh govt has declared EV policy valid for five years on purchase of electric vehicles manufactured in the state itself.
After this EV policy, Uttar Pradesh govt are expecting people will also lots of EVs manufacturing company will invest to manufacture their plant. The Govt set the time frame for these benefits from October 14,2022 to October 13,2025. But the manufacturer will get an extra 2 years for subsidy that is October 13,2027.
The Government official said,” This tax exemption is applicable on all type of electric two wheelers,three wheelers,four wheeler Hybrid Electric Vehicles (HEV), plug in Hybrid Electric Vehicles (PHEV), Battery Electric Vehicles (BEV), and Fuel Cell Electric Vehicles (FCEV).
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Hji