VAT for electric bikes & scooters slashed in Punjab

#hashtags: #Punjab #VAT #Delhi #Rajasthan

The Punjab government wants to promote the use of electric two-wheelers in the state as it is environment-friendly, thanks to zero emissions. To encourage customers, they have slashed the VAT on the electric scooters. This will help bring the costs down considerably, hence, probably, attracting more buyers!

Delhi and Rajasthan have 0% VAT on electric scooters and it looks like other states are following this model. Punjab has reduced its...