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GST Council Cuts Tax Rates On Electric Vehicles
In its 36th meeting on Saturday, the GST Council slashed the GST (goods and service tax) rates on electric vehicles from 12 percent to 5 percent. Tax rates on EV chargers were also lowered from 18 percent to 5 percent. The ...
Subsidy On EVs Will Be Offered For Commercial Vehicles Only: Govt
On 19 July, the government asserted that subsidies for promotion of electric vehicles (EVs) in India will not include automobiles for personal usage. "The government has made clear its intention to promote electric mobility through commercial fleet owners and incentives will ...
Subsidy On Evs Will Be Offered For Commercial Vehicles Only
Vakrangee To Set Up Electric Vehicle Charging Points Across India
Through its Nextgen Vakrangee Kendra outlets, Vakrangee will be setting up electric vehicle (EV) charging facilities across India. The company has 3,504 Nextgen Vakrangee Kendra outlets spread across 19 states with 68 percent of these outlets in Tier 5 and Tier ...
Vakrangee To Set Up Electric Vehicle Charging Points Across India
Auto Industry Seeks Two Rates Under GST For Passenger Vehicles
The auto-industry body Society of Indian Automobile Manufacturers (SIAM) is seeking two rates under the GST regime as against multiple rates being levied currently on passenger vehicles. For the upcoming Union Budget 2018-19, the industry body said, "The automotive industry has ...
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