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Electric Mobility

GST On Batteries For Electric Cars Reduced From 28 To 18 Per Cent
Cyrus Dhabhar
Jul 23, 2018, 9:15 PM
The GST Council, set up by the Indian Government has reduced the GST rate on lithium-ion batteries for electric cars from 28 per cent to 18 per cent. Although this reduction is not as drastic as predicted earlier, the 10 per cent rate in reduction of GST on these batteries will help reduce the overall price of electric vehicles in India.
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