GST rates reduced on “Electric Vehicles” — Entry of Eco-Friendly measures?

The 36^th GST Council held on 27-07-2019 has recommended the following:

A. GST rate related changes on supply of goods and services

1. The GST rate on all electric vehicles be reduced from 12% to 5%.

2. The GST rate on charger or charging stations for Electric vehicles be reduced from 18% to 5%.

3. Hiring of electric buses (of carrying capacity of more than 12 passengers) by local authorities be exempted from GST.

4. These changes shall become effective from 1^st August, 2019.

B. Changes in GST law:

1. 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 07.03.2019 (by exclusive supplier of services), to be extended from 31.07.2019 to 30.09.2019.

2. 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), to be extended from 31.07.2019 to 31.08.2019.

[Source: PIB]

[Press release dt. 27-07-2019]