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2019 Reduction in Goods and Services Tax rate applied to EV purchase

Source: International Energy Agency
Last updated: 27 January 2023

Since 2019, purchases of battery electric vehicles (BEVs) face a reduced national Goods and Services Tax (GST) rate of 5% in comparison to 28% for large passenger vehicles (>4m) and 18% for small passenger vehicles (<4m). 

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