Big Tax Cut, Big Green Push – GST on EV batteries may drop from 18% to 5% #ev #gst #indianews

@NYEWZNATION
Big Tax Cut, Big Green Push – GST on EV batteries may drop from 18% to 5% #ev #gst #indianews

The Indian government is planning a major push for green mobility by considering a sharp reduction in GST on swappable EV batteries and charging services—from the current 18% to just 5%. The move is expected to make electric vehicles more affordable, encourage mass adoption, and strengthen India’s sustainable transport ecosystem. Experts see this as a practical step towards accelerating EV penetration and meeting the nation’s clean energy goals.

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