Electric Vehicle GST reduced to 5%

GST rate on all Electric Vehicles reduced from 12% to 5% and of charger or charging stations for EVs from 18% to 5%

Hiring of electric buses by local authorities exempted from GST

Changes in GST rates shall be effective from 1st August, 2019

Posted On: 27 JUL 2019 12:59PM by PIB Delhi

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

A. GST rate related changes on supply of goods and services

  1. The GST rate on all electric vehicles be reduced from 12% to 5%.
  2. The GST rate on charger or charging stations for Electric vehicles be reduced from18% to 5%.
  3. Hiring of electric buses (of carrying capacity of more than 12 passengers) by localauthorities be exempted from GST.
  4. These changes shall become effective from 1st August, 2019.

B. ChangesinGSTlaw:

  1. Last date for filing of intimation, in FORM GST CMP-02, for availing the option of payment of tax under notification No. 2/2019-Central Tax (Rate) dated 07.03.2019 (by exclusive supplier of services), to be extended from 31.07.2019 to 30.09.2019.
  2. The last date for furnishing statement containing the details of the self-assessed tax in FORM GST CMP-08 for the quarter April, 2019 to June, 2019 (by taxpayers under

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composition scheme), to be extended from 31.07.2019 to 31.08.2019.

About Ritesh Pothan

Ritesh Pothan, is an accomplished speaker and visionary in the Solar Energy space in India. Ritesh is from an Engineering Background with a Master’s Degree in Technology and had spent more than a decade as the Infrastructure Head for a public limited company with the last 9 years dedicated to Solar and Renewable Energy. He also runs the 2 largest India focused renewable energy groups on LinkedIn - Solar - India and Renewables - India
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