Category: Policy & Regulation

SIAM welcomes implementation of GST reduction on electric vehicles

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Society of Indian Automobile Manufacturers (SIAM) welcomed the government’s decision to reduce the GST rate on electric vehicles from the present 12 to 5%. Mr Rajan Wadhera, President, SIAM said, “Government’s vision of increasing electric mobility in the country has been acknowledged by GST council by significantly reducing GST rate on electric vehicles. We are […]

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