Indian government reduced GST for E vehicles

in #news5 years ago

Central government cuts GST on electric vehicles. The GST counselling meeting chaired by finance minister Nirmala Sitharaman on saturday has reduced the GST rate on electric vehicles from 12% to 5% and also 18 to 5% on EV Chargers from 1st August 2019.

Finance minister Nirmala Sitharaman had announced tax cuts to boost electric vehicles while presenting the budget on July 5.

Coin Marketplace

STEEM 0.27
TRX 0.13
JST 0.032
BTC 62441.36
ETH 2940.53
USDT 1.00
SBD 3.59