The government is planning to reduce the sales tax on the import and local supply of hybrid vehicles from 25% to 18%. Under the Finance Act 2026, the sales tax on hybrid vehicles was increased from 8. 5% to 25%. However, the government has since concluded that the sharp increase adversely affected both the prices and The post Sales tax on hybrid vehicles likely to be reduced from 25% to 18% appeared first on MM News.
Sales tax on hybrid vehicles likely to be reduced from 25% to 18%
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