IESA Calls for 5% GST on All Batteries
Zee Business Video Team | Updated: January 9, 2025 05:42 PM IST
The India Energy Storage Alliance (IESA) has proposed that all new technology batteries be taxed uniformly at a 5% GST rate. This move aims to simplify the taxation structure and boost the adoption of energy storage technologies. IESA believes that a single tax rate across all battery types will benefit the renewable energy and electric vehicle sectors.
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