GST Rate on Electric Vehicles and Electric Cars
Originally electric vehicles (EV) and their key accessories such as EV chargers and EV charging stations featured a GST rate of 18%. But, the 36th GST Council meeting held on the 27th July 2019 reduced the GST rate on electric vehicles to 5%. The same 5% GST rate is also applicable to EV chargers and charging stations as announced at the same meeting. This reduced rate is effective from 1st August 2019 onward. It is important to note that this 5% GST rate will be applicable to all EV irrespective of whether they are for private use or commercial use.
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