INTIEAIndia · 2019 Reduction in Goods and Services Tax rate applied to EV purchasePolicyIn force

2019 Reduction in Goods and Services Tax rate applied to EV purchase

Since 2019, purchases of battery electric vehicles (BEVs) face a reduced national Goods and Services Tax (GST) rate of 5% in comparison to 28% for large passenger vehicles (>4m) and 18% for small passenger vehicles

Last changed 3 years ago.

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Country / jurisdiction: India · Year: 2019 · Status: In force · Level: National · Type: Voluntary

Since 2019, purchases of battery electric vehicles (BEVs) face a reduced national Goods and Services Tax (GST) rate of 5% in comparison to 28% for large passenger vehicles (>4m) and 18% for small passenger vehicles (<4m).

Official source: https://pib.gov.in/newsite/PrintRelease.aspx?relid=192337

Source

https://www.iea.org/policies/11650

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