Fin Min reduces GST rates on all electric vehicles
New Delhi: NPnews24 – Online The 36th GST Council meeting was held here on Saturday via video conference under the chairmanship of Union Finance and Corporate Affairs Minister Nirmala Sitharaman.
The meeting was also attended by Union Minister of State for Finance and Corporate Affairs Anurag Thakur besides Revenue Secretary 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.
The GST rate on all electric vehicles be reduced from 12 per cent to 5 per cent.
B. The GST rate on charger or charging stations for Electric vehicles be reduced from 18 per cent to 5 per cent.
C. Hiring of electric buses (of carrying capacity of more than 12 passengers) by local authorities will be exempted from GST.
These changes shall become effective from August 1.
The GST rate on all electric vehicles be reduced from 12 per cent to 5 per cent.
B. The GST rate on charger or charging stations for Electric vehicles be reduced from 18 per cent to 5 per cent.
C. Hiring of electric buses (of carrying capacity of more than 12 passengers) by local authorities will be exempted from GST.
These changes shall become effective from August 1.
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 composition scheme) has been extended from July 3q to August 31.
The 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 March 7 (by exclusive supplier of services), to be extended from July 31 to September 30.
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