GST Council May Hike Tax on Premium EVs to 28%

Last updated: 30 August 2025

The GST Council's rate rationalisation exercise could soon reshape India's electric vehicle (EV) market, with a proposal to raise taxes on premium four-wheelers while retaining relief for buses. At present, all EVs enjoy a concessional GST rate of 5%, a policy aimed at boosting clean mobility. Howe

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Category GST   Report

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