<h1>GST Council to Reevaluate 43% Tax on Hybrid Cars Amid Industry Concerns Over Impact on Green Vehicle Promotion.</h1> The GST Council is set to reconsider the proposed 43% tax rate on hybrid cars after the auto industry expressed concerns over the steep increase. Currently, hybrid vehicles face a 30.3% effective tax rate, but the new GST slabs equate them with passenger cars, raising the rate to 43%. This move contradicts the government's goal of promoting green vehicles. The auto industry plans to communicate its concerns to the Finance Ministry, emphasizing the potential negative impact on the promotion of alternate energy vehicles. The GST Council will review these concerns in its upcoming meeting on June 3.