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Rationalisation of duty structure important
image for illustrative purpose
New Delhi: Rationalisation of the duty structure is critical for the fast adoption of new technologies, including electric vehicles, BMW Group India President Vikram Pawah said on Thursday.
He stressed on a level-playing field in terms of taxation for the existing as well as for new players who seek to foray into the country. “Our ask from the government has always been that if you want faster adoption of new technologies, and then localisation, there needs to be some rationalisation of the duty structure,” Pawah told.