GST rate on all Electric Vehicles reduced from 12% to 5%

nation
By Admin
and of charger or charging stations for EVs from 18% to 5%

The 36th GST CouncilMeeting was held here today Via Video Conference under the chairmanship of Union Finance & Corporate Affairs Minister  Nirmala Sitharaman. The meeting was also attended by Union Minister of State for Finance & Corporate Affairs Shri Anurag Thakur besides Revenue Secretary  Ajay Bhushan Pandey and other senior officials of the Ministry of Finance. The Council has recommended the following:

GST rate related changes on supply of goods and services

The GST rate on all electric vehicles be reduced from 12% to 5%.

The GST rate on charger or charging stations for Electric vehicles be reduced from 18% to 5%.

  1. Hiring of electric buses (of carrying capacity of more than 12 passengers) by local authorities be exempted from GST.
  2. These changes shall become effective from 1st August, 2019.
  1.  Changes in GST law:

Leave a Reply