Reduce GST on EV batteries, infrastructure
The Business Guardian|November 20, 2024
Addressing the PM eDrive scheme, Sulajja Firodia Motwani, Chair of FICCI's Electric Vehicle Committee and founder and CEO of Kinetic Green Energy and Power Solutions remarked, "The scheme has been well-received, but the allocated budget may be insufficient to meet the rising demand."
Reduce GST on EV batteries, infrastructure

Goods and Services Tax on batteries and charging infrastructure should be brought down from 18 percent to 5 percent to make replacements "more affordable" in line with "supportive" GST on electric vehicles, said Sulajja Firodia Motwani, Chair of FICCI's Electric Vehicle Committee and founder and CEO of Kinetic Green Energy and Power Solutions.

This story is from the November 20, 2024 edition of The Business Guardian.

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This story is from the November 20, 2024 edition of The Business Guardian.

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