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Searched Tag: tax on used evs
July 12, 2025, 08:22 PM - 5 min read
The government has earmarked an outlay of ₹10,900 crore for the scheme, of which ₹500 crore is for up to 5,600 electric trucks and the maximum incentive on one vehicle can go up to ₹9.6 lakh
Read moreDecember 16, 2024, 05:10 PM - 2 min read
The GST Council’s Fitment Committee has recommended increasing the Goods and Services Tax (GST) rate on such vehicles from 12% to 18%. This proposed hike would also apply to old and used electric vehicles (EVs), which are currently taxed at the lower 12% .
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