Home Business GST Council reduced tax rate in electric vehicles from 12% to 5%

GST Council reduced tax rate in electric vehicles from 12% to 5%

By
Lucky Jain
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355
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(G.N.S) Dt. 27 New Delhi In a bid to encourage the adoption of electric vehicles, the Goods and Services Tax (GST) Council on Saturday decided to reduce the tax rate on electric vehicles from 12% to 5% and on EV chargers from 18% to 5% from 1st August. The council,

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