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GST reduction and other benefits have created the right framework for EVs in India: Mercedes-BenzBy : Sustainability ..., Oct 9, 2020
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Electric vehicles seek GST refundBy : Sustainability ..., Apr 15, 2020
The fledgling electric vehicles sector urgently needs financial support from the government in terms of fast GST refunds, which is most important for this industry because of its inverted tax structure. Import duty on finished goods is low compared with the duty on raw... Read more.. |
Energy Storage Industry Seeks Relief in Sitharaman’s Budget 2020By : Sustainability ..., Jan 20, 2020
Powered by expectations of favourable Budget from the Finance Minister Nirmala Sitharaman on February 1, the energy storage industry body India Energy Storage Alliance (IESA) has provided its recommendations for the upcoming Union Budget 2020. From Sitharaman’s second Union... Read more.. |
Auto industry seeks bold fiscal measures in the Budget to revive growthBy : Sustainability ..., Jan 13, 2020
In middle of a prolonged slowdown, the automobile industry has asked the government to take bold fiscal measures to revive the sector that has reported its worst-ever sales decline in two decades during 2019, industry sources said. In the upcoming Union Budget, the auto... Read more.. |
Oil ministry wants cut in GST on CNG vehicles to 5%By : Sustainability ..., Jan 2, 2020
The oil ministry has proposed reducing the goods and services tax on compressed natural gas (CNG)-driven vehicles to 5% — at par with electric vehicles — from the current 28% to help the government’s drive to popularise gas vehicles. This could mean more than 20% reduction in... Read more.. |
Boost for electric vehicles: GST Council trims tax on electric cars, chargers to 5%By : Sustainability ..., Jul 29, 2019
The 36th Goods and Services Tax (GST) Council meeting Saturday approved reduction in GST rate for all electric vehicles to 5 per cent from 12 per cent and for chargers or charging stations for... Read more.. |
GST on recycled construction waste products to be reduced to 5 per centBy : Sustainability ..., Dec 19, 2018
In a bid to promote reuse of debris generated by the construction industry, the government will soon reduce the Goods and Services Tax (GST) on products made from recycled demolition waste to... Read more.. Subject Tags: construction waste , CPWD , GST , GST reduction , India , recycling , waste management |