Haryana approves electric vehicle policy, announces sops: Check all details

The EV policy offers various financial incentives to EV manufacturers by giving incentives on fixed capital investment (FCI), net SGST, stamp duty, employment generation, etc, an official statement said. There is 100 per cent reimbursement of stamp duty along with exemption in electricity duty for a period of 20 years. The SGST reimbursement shall be 50 per cent of the applicable net SGST for a period of 10 years.