No firm-specific sops, says official amid Tesla push
If the government has to consider providing incentives then it will only be for all EV makers and entrants who want to come to India, the official said.
Representative Image
NEW DELHI: India will never provide company or enterprise-specific incentives in the electric vehicle sector, a top government official said on Friday, amid a push from American electric carmaker Tesla for special sops to set up its factory in the country.
If the government has to consider providing incentives then it will only be for all EV makers and entrants who want to come to India, the official said.
The official added inter-ministerial discussions have happened on the customs duty concession demand of the US-based electric car maker Tesla, but “we never “ came to any conclusion on those.
In 2021, the US-based electric car maker demanded a reduction in import duties on electric vehicles (EVs) in India.
It had requested the government to standardise the tariff on electric cars to 40 per cent irrespective of the customs value. At present, cars imported as completely built units (CBUs) attract customs duty ranging from 60 per cent to 100 per cent, depending on engine size and cost, insurance and freight (CIF) value less or above $40,000.
“Never. It will never be a company-specific. It will always be for all entities, companies. If any concessions are given, these will always be linked to fairly stringent performance criteria for everybody. It’s never going to be an enterprise-specific thing,’’ the official said when asked if the government is considering specific concessions for Tesla.
