The Uttar Pradesh government has given a big gift to the buyers of electric vehicles before Holi. Till now, more registration fees had to be paid for buying an electric vehicle (EV).But now no tax will have to be paid on buying an electric vehicle (EV) and no registration fee will have to be paid.
Lucknow : To promote Electric Vehicles (EV), the Uttar Pradesh government has taken a major decision in the state. According to this, now the Uttar Pradesh government has given a big gift to the buyers of electric vehicles before Holi.Till now, more registration fees had to be paid on buying an electric vehicle (EV), but now no tax will have to be paid on buying an electric vehicle (EV). Nor will you have to pay any registration fee.
The Uttar Pradesh government has taken this decision by modifying the notification issued earlier. Under this, tax and registration fees will not have to be paid for up to 3 years. On the other hand, this discount will be valid only for 5 years on the purchase of electric vehicles manufactured in the state.
On behalf of the government, the RTOs of all these districts have also been instructed to ensure compliance with the instructions with immediate effect.An explanation has also been given for what is meant by an electric vehicle. According to this, the meaning of EV is attached to all those automobiles that use electric motors.
Which are powered by ultra capacitor, battery or fuel cell.These include all vehicles such as 2 wheeler, 3 wheeler and 4 wheeler Strong Hybrid Electric Vehicles (HEV), Plug in Hybrid Electric Vehicles (PHEV), Battery Electric Vehicles (BEV) and Fuel Cell Electric Vehicles (FCEV).
Buyers will get full discount on all vehicles :-
According to the revised notification issued by Principal Secretary L Venkateswara Lu, according to the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy Year 2022,From October 14, 2022 – October 13, 2025, people will be given 100 percent tax rebate on electric vehicles (EVs) sold and registered in Uttar Pradesh.On the other hand, in the fourth quarter of the effective period of the Electric Vehicle Policy notified on October 14, 2022 and in the fifth year from October 14, 2025 to October 13, 2027, 100 percent discount is also going to be given on EVs manufactured, sold and registered in the state.
Rates will be same in Uttar Pradesh and Delhi :-
This step of the government is likely to be of great benefit to the electric vehicle owners of the state.They will save a huge amount of money through the subsidy being given by the state government as well as the central government.There is a possibility that there will be a difference of Rs 15-20 thousand in the price of on-road two-wheelers and up to Rs one lakh in the price of cars.
Now this difference of registration in Delhi and Uttar Pradesh is going to end. Now the rates will be uniform in both the states.
Full exemption on tax and registration on purchase of EV for 3 years from October 14, 2022 :-
Now the government will not take tax and registration fees from the buyers for the purchase of EV.From October 14, 2022, for 3 years, you will get 100% tax and huge discount on registration for buying EV.This will bring great relief to lakhs of existing electric vehicle owners as well as buyers planning to buy EVs in the state.
Now those who have bought, do not panic, who have bought electric vehicles from 14 October 2022 till now.And have paid both tax and registration fees, their money will automatically be returned to their account.For this, the electric vehicle owner does not have to make any effort.
Consumers will now get subsidy on buying electric vehicles :-
According to the Uttar Pradesh Electric Vehicle Policy, customers will get huge subsidy on buying electric vehicles in the state.As per the direction of the policy, a maximum of 1000 E-Goods Carriers in the state will be given a subsidy of 10 percent on the factory price for the purchase of E-Goods Carriers up to Rs.1,00,000 per vehicle.
You will be happy to know that 15 percent subsidy will also be given to the people on the factory price of electric vehicles purchased in the state.In this, Rs 5,000 per vehicle on the first 2 lakh electric two-wheelers, maximum Rs 12,000 on the first 50,000 electric three-wheelers And for the first 25,000 electric four wheelers, a subsidy of up to Rs 1 lakh per vehicle will be given.
A subsidy of up to Rs 20 lakh per e-bus will be given on the first 400 buses purchased in the state. Along with this, the government will also encourage government employees to buy electric vehicles. For this, the state government will also allow the employees to take advance.
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