GST on EVs Above 20L May Rise to 18%: Big Impact on High-End Electric Vehicles and Buyers
The Indian electric vehicle market is on the cusp of a significant policy shift as the government considers a steep hike in the GST on EVs above 20L. The Group of Ministers (GoM) on GST rate rationalisation has proposed a new structure that could see GST on four-wheeled electric vehicles (EVs) costing between ₹20 lakh and … Read more