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INDIAN CHAMBER DEMANDS TAX HOLIDAY FOR AUTO LPG KITS.

AsiaPulse News

| December 03, 2001 | COPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

NEW DELHI, Dec 3 Asia Pulse - Industry association Associated Chamber of Commerce and Industry (ASSOCHAM) has demanded tax holiday for auto LPG kits and dispensing equipment and interest-free credit with long spreads to popularise the use of LPG in vehicles, even as it said the government should reconsider the decision not to allow the use of auto LPG for three-wheelers.

"Three-wheelers, because of lower capacity engine and passenger carrying capacity, are far less polluting. Government must, therefore, reconsider its decision not to allow the use of auto LPG for them," ASSOCHAM said in its suggestions made to Finance and Commerce Ministries ...

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