{"id":279038,"date":"2019-06-19T06:24:02","date_gmt":"2019-06-19T06:24:02","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=279038"},"modified":"2019-06-19T06:24:02","modified_gmt":"2019-06-19T06:24:02","slug":"gst-on-electric-vehicles-may-be-reduced-to-5","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gst-on-electric-vehicles-may-be-reduced-to-5\/","title":{"rendered":"GST on electric vehicles may be reduced to 5%"},"content":{"rendered":"<p>NEW DELHI: India may cut the goods and services tax (GST) on electric vehicles to 5% from 12% to provide a stimulus to the sector that\u2019s a high priority for the Narendra Modi government. <\/p>\n<p>The GST Council is set to take up the proposal at its June 20 meeting, said a senior government official aware of the development. \u201cThere is a proposal to cut tax rates on EVs among other issues,\u201d the official told ET. <\/p>\n<p>Lower duties are expected to encourage global manufacturers to invest in India\u2019s planned shift to electric vehicles in order to try and bring down pollution levels. This comes as Punjab has written to the Centre seeking a review of tax rates. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: India may cut the goods and services tax (GST) on electric vehicles to 5% from 12% to provide a stimulus to the sector that\u2019s a high priority for the Narendra Modi government. The GST Council is set to take up the proposal at its June 20 meeting, said a senior government official aware of the development. \u201cThere is a proposal to cut tax rates on EVs among other issues,\u201d the official told ET. Lower duties are expected to encourage global manufacturers to invest in India\u2019s planned shift to electric vehicles in order to try and bring down pollution [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-279038","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/279038","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=279038"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/279038\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=279038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=279038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=279038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}