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Reaction Quote : GST cut on battery pack to 5% By Dr. Akshay Singhal, Log9 Materials
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Below is Reaction Quote on GST cut on battery pack to 5% By Dr. Akshay Singhal CEO & Co-founder, Log9 Materials
"The government's initiative to offer a favorable GST slab for EVs sold without batteries is a welcome move, as it makes new BAAS (Battery as a service) models such as Battery on Lease, Battery Swapping, etc. more viable, hence making EVs more affordable for customers"
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