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E-vehicle manufacturers in Ludhiana demand GST reduction on batteries

The e-vehicle manufacturers in Punjab’s Ludhiana have said that even though the sales of e-vehicles would increase after permission of selling and registering them without pre-fitted batteries, the Goods and Services Tax (GST) on the batteries should be reduced.

The e-vehicle manufacturers said that this new rule is expected to increase the sales of vehicles in the country. However, this would affect the pockets of the customers as the GST on batteries remains high.

At the same time, some said that the sales and registration of e-vehicles without pre-fitted batteries would not make much difference in the sales as the price of the e-vehicle with or without the battery will remain the same.

Source
ET Energy World
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