🇮🇳 Electric Vehicle Calculator
EV Tax / GST Savings Calculator
India has no direct federal EV tax credit - the real incentive is a much lower GST rate on EVs versus petrol/diesel cars. See how much that gap is worth, plus any state incentives you add.
Vehicle & Comparison
Same base vehicle price, compared under EV vs ICE GST rates.
Illustrative effective rates - the compensation cess varies by exact size/engine/ground clearance.
Many states offer extra road-tax/registration waivers or subsidies - check your state's current EV policy and enter an estimate.
Estimated Total Savings vs ICE
GST difference plus any state incentive entered.
EV GST (5%)
₹0
ICE GST + Cess
₹0
EV On-Road (est.)
₹0
ICE On-Road (est.)
₹0
GST rates and cess brackets can change - confirm current rates before budgeting. FAME-II purchase subsidies have largely wound down for private cars; don't assume a cash subsidy applies without checking the scheme's current status.
How the estimate works.
Unlike the US credit, this saving is built into the on-road price at the point of sale rather than claimed on a tax return - you don't need to file anything extra to get the lower EV GST rate.
Frequently asked questions.
Does India have a federal EV tax credit like the US?
No - there's no direct equivalent of the US $7,500 federal credit. India's main EV incentive is structural: electric vehicles are taxed at a much lower GST rate (5%) than petrol/diesel cars (28% GST plus a cess that can push the effective rate to 43-50%). That tax gap is baked into the sticker price rather than claimed later on a tax return.
Is the FAME-II subsidy still available?
FAME-II (Faster Adoption and Manufacturing of Electric Vehicles) has largely wound down its direct purchase-subsidy support for private electric cars - it now mainly supports buses and public/commercial transport. Don't assume a FAME-style cash subsidy applies to a private car purchase; check the scheme's current status before counting on it.
What state-level incentives exist?
Many states offer their own EV incentives on top of the GST difference - common forms include road-tax waivers, registration-fee waivers, and in some states a direct purchase subsidy. These vary significantly by state and change often, so check your specific state's EV policy rather than assuming a fixed figure.
Why is the GST cess on ICE cars different across models?
The compensation cess on top of the base 28% GST scales with the vehicle's size, engine capacity, and ground clearance - small cars attract the lowest cess (around 1%), while large SUVs and luxury cars attract the highest (up to 22%). This is why the effective tax rate on a "regular" ICE car versus a big SUV can differ by 15-20 percentage points.