Green tax may push up truck rentals, hit used heavy vehicle prices
Transport vehicles older than eight years could be charged green cess at the time of renewal of fitness certificate
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The imposition of green tax on certain categories of vehicles by the ministry of road transport and highways (MoRTH) could push up truck rentals as their owners will likely pass on the additional cess to customers.
To be calculated on road cess, the green tax is being imposed to ‘dissuade people from using old vehicles’ as well as motivate people to switch to newer and less polluting vehicles, the government has said.