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Tag: Budget 2025 customs duties on EV battery materials

Budget 2025: Centre exempts customs duties on EV battery materials

Posted on February 1, 2025 By admin
Budget 2025: Centre exempts customs duties on EV battery materials

Image used for representation | Photo Credit: Reuters In its attempt to promote domestic manufacturing of lithium-ion batteries to drive electric mobility, the government will add 35 additional capital goods used in the manufacturing of Electronic Vehicle batteries to the duty exemption list, Finance Minister Nirmala Sitharaman said in her budget speech. Also Read |…

Read More “Budget 2025: Centre exempts customs duties on EV battery materials” »

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