INSUBCONTINENT EXCLUSIVE:
The GST or Goods and Services Tax Council on Saturday decided to reduce the rates applicable to
electric vehicles (EVs) and the chargers used for such vehicles
In a statement released after the conclusion of its 36th meeting, the GST Council said it had decided to revise the rates applicable to
electric vehicles and electric vehicle chargers to 5 per cent each with effect from August 1
The 36th meeting of the GST Council, chaired by Finance Minister Nirmala Sitharaman, was originally scheduled for July 25 but was postponed
Here are 10 things to know about the changes announced by the GST Council:Currently, the rates applicable to electric
stations for electric vehicles was also reduced from 18 per cent to 5 per cent.The Council announced an extension in the due date for filing
extend the last date for furnishing the statement containing details of self-attested tax using the form GST CMP-08 for the June quarter by
manufacturers are required to pay only one per cent GST on goods which otherwise attract a higher levy of either 5, 12 or 18 per cent
Such dealers are also not permitted to charge GST from the purchaser.In the Union Budget for 2019-20, the Finance Minister proposed a
chaired by the Finance Minister, was held through video conferencing.(With inputs from agencies)Get Breaking news, live coverage, and Latest
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