Revolt Motors, India’s leading electric motorcycle brand, has hailed the Next-Gen GST Reforms announced by the GST Council under Finance Minister Nirmala Sitharaman, calling them a significant step toward a more citizen-centric and business-friendly tax regime.
For the electric mobility sector, the reforms include a reduction in GST on key auto components from 28% to 18%, aimed at improving affordability, strengthening supply chains, and simplifying compliance. Battery rates have been retained at 18%, ensuring price stability for a critical EV component, while the provision of 90% provisional refunds under the inverted duty structure is expected to ease liquidity pressures for the industry.
The reforms are also expected to make essential goods, farming equipment, healthcare, education, and mobility services more affordable, alongside streamlining GST compliance for businesses.
Commenting on the development, Anjali Rattan, Chairperson of RattanIndia Enterprises Ltd., said: “The GST reforms are a welcome move for the EV industry. Lower tax rates on key components will enhance manufacturing efficiency, improve working capital cycles, and accelerate EV adoption in line with India’s Atmanirbhar Bharat vision.”
Revolt Motors said it remains committed to driving clean mobility and supporting the government’s sustainability goals by making EV adoption more accessible across the country.