IESA has submitted its recommendation to Ministry of Finance from Energy Storage, Green Hydrogen and E-mobility Industry for Budget 2024-25. IESA recommended MOF to reduce the GST rate, exemptions on custom & Excise duty, tax holidays to boost the investments, reduction in GST rate of batteries used in EVs, introduce PLI for ACC battery manufacturing for grid usage, etc.
IESA Recommendations from the ES, GH2 and E-mobility Industry for Budget 2024-25
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Published:
10th Jan 2024
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