{"id":497624,"date":"2022-06-10T09:08:47","date_gmt":"2022-06-10T03:38:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=497624"},"modified":"2022-06-10T09:35:57","modified_gmt":"2022-06-10T04:05:57","slug":"electric-vehicles-india-may-slash-gst-on-lithium-ion-batteries-to-5","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/electric-vehicles-india-may-slash-gst-on-lithium-ion-batteries-to-5\/","title":{"rendered":"Electric vehicles: India may slash GST on lithium-ion batteries to 5%"},"content":{"rendered":"<p>To give a boost to green mobility plans, India may cut the goods and services tax (GST) on lithium-ion batteries and bring them on par with taxes on electric vehicles (EVs), a media report said on Thursday.<\/p>\n<p>According to a Livemint report, discussions have already begun on how to proceed with the plan, which is a crucial step in making India a global manufacturing hub for EVs. The government is expected to develop the final policy in around three months, the report added.<\/p>\n<p>At present, e-vehicles are taxed at 5 per cent, while lithium-ion batteries are taxed at 18 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>To give a boost to green mobility plans, India may cut the goods and services tax (GST) on lithium-ion batteries and bring them on par with taxes on electric vehicles (EVs), a media report said on Thursday. According to a Livemint report, discussions have already begun on how to proceed with the plan, which is a crucial step in making India a global manufacturing hub for EVs. The government is expected to develop the final policy in around three months, the report added. At present, e-vehicles are taxed at 5 per cent, while lithium-ion batteries are taxed at 18 per [&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-497624","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\/497624","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=497624"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/497624\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=497624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=497624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=497624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}