Web Exclusive | October 2016
BDAI seeks VAT relaxation from states
Biodiesel Association of India (BDAI) has sought VAT relaxation on blending of biodiesel from states for promoting green fuel blending and energy security in the country. Currently VAT on biodiesel blending goes up to 24 per cent in several states and the Association has warned that if the states do not provide promotional VAT rate on B5 Blends, the biodiesel blending in retail segment would be killed. BDAI is making all efforts to impress upon the Centre and state governments about the benefits of promoting green fuels and has also demanded that National Biodiesel Policy should be in place soon for fuel security.