How GST Council Revisions Aim to Boost Electric Vehicle Adoption in India

The 55th Goods and Services Tax (GST) Council meeting was held on Saturday and brought forth a series of important announcements regarding the GST structure for both new and used electric vehicles. The new GST regime is aimed at accelerating the adoption of EVs in India. They are also poised to have a major impact on the way businesses involved in the EV supply chain—from manufacturing to logistic…