GST council to take call on tax cut on EV batteries, charging
The government is cognisant of the auto industry’s demand for reducing GST on electric vehicle batteries as well as charging as a service from 18% to 5%, but the final call will be taken by the GST Council, Tarun Kapoor, Advisor at the Prime Minister’s Office said on Tuesday.
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“We understand that taxation is a major issue so that the industry remains viable and competitive,” Mr. Kapoor said at a day-long conference on electric vehicles organised by the Federation of Indian Chambers of Commerce and Industry.
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