{"id":608802,"date":"2023-10-06T10:34:45","date_gmt":"2023-10-06T05:04:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=608802"},"modified":"2023-10-06T12:56:47","modified_gmt":"2023-10-06T07:26:47","slug":"gst-panel-refuses-to-cut-tax-rate-on-batteries-for-evs","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gst-panel-refuses-to-cut-tax-rate-on-batteries-for-evs\/","title":{"rendered":"GST panel refuses to cut tax rate on batteries for EVs"},"content":{"rendered":"<p>New Delhi, Oct 4: The fitment committee of the Goods and Services Tax (GST) Council, at a meeting held on Wednesday, rejected the industry request for reducing the GST rate on lithium-ion batteries for electric vehicles from 18 per cent to 5 per cent. <\/p>\n<p>According to sources, the reason for not reducing the levy is that apart from electric vehicles, lithium-ion batteries are also used in multiple other products including mobile phones and portable electronic goods.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi, Oct 4: The fitment committee of the Goods and Services Tax (GST) Council, at a meeting held on Wednesday, rejected the industry request for reducing the GST rate on lithium-ion batteries for electric vehicles from 18 per cent to 5 per cent. According to sources, the reason for not reducing the levy is that apart from electric vehicles, lithium-ion batteries are also used in multiple other products including mobile phones and portable electronic goods.<\/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":[147,130,235],"tags":[],"class_list":["post-608802","post","type-post","status-publish","format-standard","hentry","category-greater-kashmir","category-newspapers","category-power-greater-kashmir"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/608802","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=608802"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/608802\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=608802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=608802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=608802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}