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GST Council Recommendations in Meeting Held on 27 July 2019

GST Council Recommendations in Meeting Held on 27 July 2019

The key highlights of the recent 36th GST council meeting are as under: • GST rate on electric vehicles proposed to be reduced from 12 percent to 5 percent • GST rate on chargers or charging stations of electric vehicles proposed to be reduced from 18 percent to 5 percent • Exemption from GST on hiring of electric buses (carrying capacity of more than 12 passengers) by local authorities has also been proposed • The above rate changes would come into effect from 1 August 2019

 

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