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ev import tax: FM Sitharaman refutes reports claiming import tax cut on locally manufactured EVs in India - Vimarsana News

ev import tax: FM Sitharaman refutes reports claiming import tax cut on locally manufactured EVs in India

Finance Minister Nirmala Sitharaman on Friday said that there is no proposal before the ministry to lower import duty on electric vehicles. A Reuters report earlier in the day claimed that India is working on a new electric vehicle policy that would slash import taxes for automakers that commit to some local manufacturing

No Reduction In Import Tax: FM Sitharaman refutes reports claiming import tax cut on locally manufactured EVs in India, ET Auto - Vimarsana News

No Reduction In Import Tax: FM Sitharaman refutes reports claiming import tax cut on locally manufactured EVs in India, ET Auto

No Reduction In Import Tax: Finance Minister Nirmala Sitharaman on Friday said that there is no proposal before the ministry to lower import duty on electric vehicles. A Reuters report earlier in the day claimed that India is working on a new electric vehicle policy that would slash import taxes for automakers that commit to some local manufacturing