Auto Lpg

Auto LPG policy running on fumes as policymakers ignore fuel's potential

The government is largely ignoring this least polluting fuel in favour of diesel, petrol and electric vehicles

Auto LPG body asks govt to cut GST, offer level playing field to spur usage

LPG used for domestic purposes is taxed at 5 per cent and high incidence of tax for its usage in automobiles provides an incentive for illegal diversion

Auto LPG sale jumps 19% in Q1 FY18

Compared to the immediate preceding quarter (January to March 2017), the sales have increased 7.3%

Auto LPG registers about 5% growth in sales

Shine JacobThe auto LPG sector in India closed the fiscal year 2016-17 with an encouraging sales growth of 4.9 per cent over the last fiscal, owing to a drop in prices.Meanwhile, the sales volume growth was about 8.18 per cent in March 2017 as against March 2016. The auto LPG sales in India grew to 346 TMT in 2016-17 as against 330 TMT in 2015-16. The factors that helped the industry to achieve this growth are the reduction in auto LPG price by leading oil companies such as Indian Oil, HPCL, and BPCL since October 2016 making the fuel about 50 per cent cheaper than petrol. Following this, the sales jumped by 16 per cent in the period between October 1, 2016 and December 31, 2016."There is no doubt that auto LPG is the fuel for the future, and that it is the solution to check the growing pollution levels in Indian cities. We are positive about the growth in sales volume achieved this fiscal as it reflects the growing penetration of the fuel across the country. However, we are hopeful .

Tax commercial, domestic gas equally under GST to promote auto LPG: Experts

Cutting taxes on commercial LPG key to prevent diversion of domestic fuel for commercial use