All You Need To Know About The GST On Electric Vehicles:
Considering the impending climate change, one thing is sure that there will be a huge boost in the sales of electric vehicles across the world. As electric vehicles do not contribute anything to the pollution like other vehicles based on diesel and petrol do, they are a perfect choice for transportation purposes. Indian Government realized this and to push the sale of electric vehicles, the GST council has decreased the GST rate on electric vehicles from 18 percent to 5 percent. This move will certainly help in uplifting the lagging electric vehicle infrastructure in the country.
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