Leh: The administration of Union Territory Ladakh has decided to exempt all the electric vehicles from road tax payments.
An official informed Indus Dispatch, that the administration has announced several incentives and subsidy to promote wider adoption of Electric Vehicle in the Union Territory.
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“All e-vehicles will be exempted from payment of road taxes,” reads the electric vehicle policy released by the administration.
It further reads that the administration may incentivize the usage of EVs for commercial operations including exemption of EVs from the permit fee requirement for plying a transport vehicle and Exemption or reduction of net UT-GST for leasing and owning electric fleet.
Apart from this, the administration has also offered incentives for installing charging facilities.
“The tariff rate for electricity consumed for charging the EVs will be priced at domestic rates and it will also allow setting up of common public charging facilities in parking areas of commercial, institutional and residential buildings,” reads the policy
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Similarly, it also allows setting up public EV charging stations at petrol pumps, subject to the area for charging stations and infrastructure qualifying rating standards for fire and safety.
As per the policy, for the first 15 EV charging stations, a capital subsidy of 25 per cent will be provided to the eligible commercial public EV charging stations for two-wheelers, cars and buses on equipment/machinery or INR 500,000 (whichever is less) per station.
Ladakh, like other states that have rolled out EV policies to push the demand for e-mobility, will strive to mandate establishing charging infrastructure at all the latest construction, be it guesthouses, hotels, housing societies, malls, markets, office areas, shopping complexes, and others. Besides, there are also plans to have 10 per cent of the declared parking spaces to be reserved for EVs and less parking charges for the green vehicles.
