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HomeGST NEWSE-vehicle manufacturers in Ludhiana demand GST reduction on batteries

E-vehicle manufacturers in Ludhiana demand GST reduction on batteries

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The e-vehicle manufacturers in the state of Punjab have demanded reduction in GST on batteries although sales of e-vehicles would increase after permission of selling and registering them without pre-fitted batteries. Although some have pointed out that this will not make any change since the price of the e-vehicle with or without the battery will remain the same. The Ministry of Road Transport had said that β€œVehicles could then also be sold in the market without the battery. This will make the upfront cost of the electrical 2 wheeler (2W) and 3 wheelers (3W) to be lower than ICE 2 and 3W. The battery could be provided separately by the OEM or the energy service provider.”

https://energy.economictimes.indiatimes.com/news/power/e-vehicle-manufacturers-in-ludhiana-demand-gst-reduction-on-batteries/77557649

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