Examples of 125cc bike models: Honda SP 125 Bajaj Pulsar 125 TVS Raider 125 GST on Electric Bikes GST for electric bikes is just 5%, making them more affordable compared to petrol-powered motorcycles. The reduced tax rate is part of the government’s push to promote eco-friendly transportatio...
By a similar calculation, the import payout on electric bikesworks out to $10 billion, given that 130,000 of the total 20 million bikes sold in India every year are electric, as per SIAM figures. The average cost of an electric bike is $1,000, plus the cost of imported components suc...
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