Niti Aayog draft proposes GST cut on EV batteries

NEW DELHI: GST Council may consider reducing the differential across the tax rates for lithium-ion batteries and electric vehicle supply equipment (EVSE), which are at 18% and 5%, respectively, according to draft battery swapping policy released by government think-tank Niti Aayog on Thursday.  The draft paper mentions technical and operational requirements that battery swapping ecosyste…