GST on Li-Ion Batteries Reduced from 28 to 18 Percent

Government has reduced the GST on fuel cell vehicles from 28 to 12 percent

July 23, 2018

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In a bid to propel the growth of electric vehicles (EV) in the country, the government has announced a slash in the applicable rate of the Goods and Services Tax (GST) on lithium ion (Li-ion) batteries.

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Ankita Rajeshwari

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GST on Li-Ion Batteries Reduced from 28 to 18 Percent

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