The GST Council has retained 5% GST on electric vehicles under GST 2.0, boosting India’s EV adoption and clean mobility mission. Learn what this means for buyers, startups, and manufacturers. In a landmark move for India’s green mobility push, the GST Council has decided to continue the concessional 5% GST rate on electric vehicles (EVs) under the GST 2.0 overhaul. While most products shifted into new 5%, 18%, or 40% slabs, EVs retained their lowest bracket—signaling strong government support for clean transportation. This policy ensures EVs remain more affordable than petrol and diesel vehicles, which attract much higher taxes. For consumers, startups, and manufacturers alike, this is welcome news. 🔑 What Does 5% GST Mean for You? For Consumers Lower upfront cost of buying an EV Wider adoption of eco-friendly mobility Increased availability of affordable EV models For Manufacturers & Startups Greater cost stability and policy predictability Encouragement to i...
“India’s Journey into Electric Mobility”