Posts Tagged ‘incentivization’
Government incentivization aims to promote India’s EV industry
The recent announcement by India’s Goods and Services Council (GST) regarding the reduction of tax rates on electric vehicles (EVs), will take effect on 1 August 2019. Reductions will see rates moving from 12 per cent to 5 per cent on EVs and from 18 per cent to 5 per cent on EV chargers, reinforcing…
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