Thursday, October 10

Any changes to GST on EVs will slow down adoption of green cars: Mercedes MD Santosh Iyer

Mercedes-Benz India warns that potential GST rate hikes on EVs above Rs 40 lakh could deter investment and employment, slow EV adoption, and negatively impact sales. Increased GST on fully-built imports, already heavily taxed, may reduce demand and be revenue-neutral or negative for the government.
  • News Source Indiatimes (Click to view full news): CLICK HERE
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