CM Yogi-Led UP Govt Exempts EV Buyers From Road Tax, Fees Ahead Of Holi 2023

Uttar Pradesh EV buyers will have a 100 percent tax exemption on electric vehicles sold and registered in Uttar Pradesh from October 14, 2022, to October 13, 2025.

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The Uttar Pradesh government, led by Chief Minister Yogi Adityanath, has decided to eliminate road tax and registration fees on the purchase of electric vehicles for three years starting on October 14, 2022, according to a statement released on Friday. Also, the exemption on purchasing electric vehicles made in the state will be good for five years. The RTOs of all the districts have received directions from the government to ensure that the directives are followed immediately.

According to the revised notification issued by Principal Secretary L. Venkateshwarlu, as per the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022, 100 percent tax exemption will be given on electric vehicles (EV) sold and registered in Uttar Pradesh from October 14, 2022, to October 13, 2025.

Moreover, in the fourth and fifth year of the effective period of the Electric Vehicle Policy notified on October 14, 2022, i.e., from October 14, 2025, to October 13, 2027, a 100 percent rebate will be given on EVs manufactured, and sold and registered in the state.

Clarification has also been given regarding the meaning of electric vehicles. According to this, EV refers to all automobiles using electric motors powered by batteries, ultracapacitors, or fuel cells.

These include all two-wheelers, three-wheelers, and four-wheelers, Strong Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), Battery Electric Vehicle (BEV), and Fuel Cell Electric Vehicle (FCEV).

The decision will currently give relief to 3,997 EV owners in Agra who have been charged taxes and the registration fee between October 14, 2022. As of now, 11340 EVs are registered with the Divisional Transport Office (RTO) of Agra, of which 3997 vehicles have been bought from October 14, 2022, till now. This includes 437 e-rickshaws, 30 cars, and two-wheelers (EVs).The exemption by the UP Government is in addition to the subsidy the Central Government provides for purchasing electric vehicles.

Together these reliefs provided by the Central Government and the State Government will reduce the cost of two-wheelers by Rs 15,000 to Rs 20,000 on-road and cars by up to Rs 1 lakh.The government`s decision will end the difference in the registration of EVs in Delhi and Uttar Pradesh, and the rates will be the same in the state and the UT.

According to the policy, a 15 percent subsidy will also be given on the factory price of electric vehicles purchased in the state.

In this, a subsidy of Rs 5,000 per vehicle will be given for the first two lakh electric two-wheelers, a maximum of Rs 12,000 for the first 50,000 electric three-wheelers, and up to Rs one lakh per vehicle for the first 25,000 electric four-wheelers. At the same time, a subsidy of up to Rs 20 lakh per e-bus will be given on the first 400 buses purchased in the state.

A maximum of 1000 e-goods carriers will be given a subsidy of 10 percent on the factory price for purchasing e-goods carriers up to 1,00,000 per vehicle. The government will also encourage government employees to buy electric vehicles. For this, the state government will also allow the employees to take an advance. 

(With ANI Inputs)