In Short : The Fitment Committee has recommended slashing GST on green hydrogen from 18% to 5%, a major boost for India’s clean energy push. The move aims to cut production costs, spur investments, and accelerate adoption in industries like fertilizers and steel. Final approval rests with the GST Council. If cleared, it could strengthen […]
Electric vehicles: India may slash GST on lithium-ion batteries to 5% – EQ Mag Pro
India likely to slash the GST rate on lithium-ion batteries from 18% to 5% To give a boost to green mobility plans, India may cut the goods and services tax (GST) on lithium-ion batteries and bring them on par with taxes on electric vehicles (EVs), a media report said on Thursday. According to a Livemint […]
