GST on Ola Electric Scooty and How to save it October 14, 2024 by suman Electric vehicles (EVs) are becoming popular in India. Because almost every business is trying to reduce their fuel costs and carbon footprint. One of the leading options in this space is the Ola electric scooty. ...
In the automobile sector, the GST on electric cars, tractors, cycles, bikes, low-end and luxury cars ranges anywhere from 5% to 50%. The sale of automobiles is the barometer of an economy. Single tax slab: A directive to the bureaucracy is necessary to come up with just two categories:...
GST is applicable at a rate of 28% on personal use vehicles, without differentiation between petrol and diesel cars. Additionally, luxury cars attract a Composition Cess, increasing the effective tax rate. However, vehicles using cleaner technologies or electric vehicles benefit from lower tax rates...
It has sought to bring solutions to major issues related to- GST tax evasion, GST reductions in cases of electric vehicles, GST invoicing on the Government portal, Synchronization of the E-wa Read More 01 Jan 1970Posted By: E-StartupIndia 35th GST Council Meeting passes the New GST ...
No need to pay GST on Handloom Spacecraft (including satellites) and suborbital and spacecraft launch vehicles exempted from paying GST No GST applicable for – Parts of goods of heading 8801 Hearing aids is exempted to pay GST No GST payable on sale of Indigenous handmade musical instruments ...
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India reduces duty on electric vehicles & chargers to 5% 07/29/2019 The industry's most trusted independent news briefing. electrive today today, Mon-Fri Delivered to your inbox every weekday, straight, to the point, and free of charge. Learn more I accept the privacy policy Subscribe now...
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