India Entry & Business Startup Consultings

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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