Centre unlikely to extend 5% GST benefit to REEVs; incentives to remain focused on pure EVs
- Posted on June 19, 2026
- By Financial Express
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- 1 min read
Centre unlikely to extend 5% GST benefit to REEVs; incentives to remain focused on pure EVs
Senior government officials indicate that Range-Extended Electric Vehicles (REEVs) will not receive the concessional 5% GST rate reserved for pure battery EVs, dealing a major blow to automakers seeking tax parity.
