The 36th GST Council Meeting held in New Delhi via video conferencing under the chairmanship of Union Finance & Corporate Affairs Minister Nirmala Sitharaman, took the most awaited decision on electric vehicles. The meeting was also attended by Union Minister of State for Finance & 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:
- GST rate related changes on supply of goods and services
- The GST rate on all electric vehicles be reduced from 12% to 5%.
- The GST rate on charger or charging stations for Electric vehicles be reduced from 18% to 5%.
- Hiring of electric buses (of carrying capacity of more than 12 passengers) by local authorities be exempted from GST.
These changes shall become effective from 1 August, 2019.
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