Mumbai, Sept. 9 -- Revolt Motors applauds the Next-Gen GST Reforms announced by the GST Council under the leadership of the Hon'ble Finance MinisterNirmala Sitharaman. Guided by the vision of the Hon'ble Prime Minister Narendra Modi, these reforms mark a strategic step towards a citizen centric and business-friendly tax framework.

GST on major auto components has been rationalised from 28% to 18%, enhancing affordability, strengthening supply chains, and simplifying compliance across the EV ecosystem.

Battery rates remain unchanged at 18%, ensuring continued stability in one of the most critical EV components.

Additionally, the provision of 90% provisional refunds under the inverted duty structure will further strengthen industry liqui...