Electric Suv 2024 Tax Rebate Qualified In India

Electric Suv 2024 Tax Rebate Qualified In India. Jul 14, 2024 05:54 pm ist. Visit fueleconomy.gov for a list of qualified vehicles.

Unlike internal combustion engine (ice) vehicles that attract a 28% gst rate, electric cars benefit from a significantly lower 5% gst. Under section 80eeb, you can claim a tax deduction of up to rs 1,50,000 for the interest repayment for a loan taken for the purchase of an electric vehicle.