{"id":285573,"date":"2019-08-02T04:48:48","date_gmt":"2019-08-02T04:48:48","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=285573"},"modified":"2019-08-02T05:07:18","modified_gmt":"2019-08-02T05:07:18","slug":"planning-to-buy-e-vehicle-ev-firms-trim-prices-after-gst-breather","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/planning-to-buy-e-vehicle-ev-firms-trim-prices-after-gst-breather\/","title":{"rendered":"Planning to buy e-vehicle? EV firms trim prices after GST breather"},"content":{"rendered":"<p>Owning an electric car and two-wheeler will now be easier on the wallet. With a steep reduction in the GST (goods and service tax) rate taking effect, manufacturers of EVs have reduced prices of their models \u2014 up to Rs 80,000 for e-cars and up to Rs 9,000 for e-two-wheelers. <\/p>\n<p>In a bid to spur the EV demand, Union Finance Minister Nirmala Sitharaman had announced a reduction in GST on EVs from 12 per cent to 5 per cent in her maiden Budget. <\/p>\n<p>Sohinder Gill, director general at Society of Manufacturers of Electric Vehicles (SMEV), said EV makers, which mainly include eight two-wheeler makers, carmakers and three-wheeler makers, have passed on the benefit of the reduced GST rate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Owning an electric car and two-wheeler will now be easier on the wallet. With a steep reduction in the GST (goods and service tax) rate taking effect, manufacturers of EVs have reduced prices of their models \u2014 up to Rs 80,000 for e-cars and up to Rs 9,000 for e-two-wheelers. In a bid to spur the EV demand, Union Finance Minister Nirmala Sitharaman had announced a reduction in GST on EVs from 12 per cent to 5 per cent in her maiden Budget. Sohinder Gill, director general at Society of Manufacturers of Electric Vehicles (SMEV), said EV makers, which mainly [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-285573","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/285573","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=285573"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/285573\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=285573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=285573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=285573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}