Thursday 25 January 2018

Union Budget 2018: EV makers seek incentive boosters in form of lower GST, registration charge exemption

NEW DELHI: In the upcoming Union Budget 2018, electric vehicle manufacturers seek rebate in Goods & Services Tax (GST) on electric vehicles and its parts. Currently, 12 percent GST is levied on electric vehicles while its parts including battery attract 28 percent GST.

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via Union Budget 2018: EV makers seek incentive boosters in form of lower GST, registration charge exemption

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