GST rates on EV batteries to be reduced by end of March?
Orderbook
Timeline
Overview
About the event
Source of Truth
Official announcement by the GST council
Trading started on
02 Jan, 2025
Event expires on
31 Mar, 2025
Event Overview & Statistics
The government is cognisant of the auto industry’s demand for reducing GST on electric vehicle batteries as well as charging as a service from 18% to 5%, but the final call will be taken by the GST Council, Tarun Kapoor, Advisor at the Prime Minister’s Office said on Tuesday.
“We...Read More
Rules
TIME: The event will expire at 11:59 PM on 31 March 2025 or earlier in case the announcements are made. Any announcement after 31 March 2025 shall not be considered.
SETTLEMENT: The event will be settled with 24 hours of expiry.
RULES:
1. Any change in rate on EV batteries, the e...Read More
