New Delhi: Revolt Motors, India’s No.1 electric motorcycle brand, applauds the Next-Gen GST Reforms announced by the GST Council under the leadership of the Finance Minister Nirmala Sitharaman. Guided by the vision of the Prime Minister Narendra Modi, these reforms mark a strategic step towards a citizen centric and business-friendly tax framework.
For the electric mobility sector, these reforms bring encouraging changes:
- GST on major auto components has been ra onalised from 28% to 18%, enhancing affordability, strengthening supply chains, and simplifying compliance across the EV ecosystem.
- Battery rates remain unchanged at 18%, ensuring con nued stability in one of the most cri cal EV components.
- Additionally, the provision of 90% provisional refunds under the inverted duty structure will further strengthen industry liquidity.
In addition to EV industry these GST reforms will make essential goods, farming equipment, healthcare, education, and mobility more affordable while simplifying GST processes for businesses.
Speaking on the reforms, Anjali Rattan, Chairperson of RattanIndia Enterprises Limited said, “The Next-Gen GST reforms are a welcome move for the EV industry. Lower GST rates on key components will enhance manufacturing efficiency and improve working capital cycles. This reform aligns perfectly with India’s vision of Atmanirbhar Bharat and will accelerate EV adop on across the country.”
As India’s leading electric motorcycle brand, Revolt Motors remains committed to driving clean mobility, supporting the Government’s sustainability vision, and making EV adopt on more accessible to every Indian.
