Setback for EVs? Automakers oppose GST hike proposal; push to retain 5% rate

Sep 1, 2025 - 13:00
Setback for EVs? Automakers oppose GST hike proposal; push to retain 5% rate

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Electric vehicle manufacturers are strongly opposing a proposed GST increase on high-end EVs, fearing it will hinder the nation's clean mobility transition. Automakers like Tata Motors and Mahindra & Mahindra emphasize that the current 5% GST rate is crucial for EV adoption and competitiveness.

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