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Budget 2024: EV industry wants GST rate rationalisation, investment in charging infra
Expanding EV infrastructure is essential for promoting widespread EV adoption in India, say industry executives.
Expanding EV infrastructure is essential for promoting widespread EV adoption in India, say industry executives.
The move is aimed at making India a global aviation hub.
There is no need to incentivise hybrid cars as they only improve fuel efficiency and don’t offer zero-emission driving, says Santosh Iyer.
The intent of the Central government even as the GST was implemented was that eventually at some time, petrol and diesel could be brought under GST.
The government's intent is to make the life of a GST assessee easier, says Nirmala Sitharaman
The agenda for the meeting is not known yet.
The gross GST collections in the financial year 2024-25 till May 2024 stood at ₹3.83 lakh crore.
Homegrown automakers say comparing the Indian EV market with the rest of the world isn't right.
GST collection crossed ₹2 lakh crore mark for the first time and reached ₹2.10 lakh crore in April.
The GST Council, with a 75% majority vote requirement, assigns one-third voting power to the Centre and two-thirds to states, says Finance Minister Nirmala Sitharaman