Council reduces rates on EVs/ chargers; Exempts Electric Buses hiring by local authorities

The 36th Council Meeting chaired by FM Nirmala Sitharaman concludes; Approves proposal for rate cut on Electronic Vehicles (EVs) and EV chargers; Decides to reduce GST rates on EVs from 12% to 5% and on EV chargers from 18% to 5%; Further approves exemption from GST on hiring of Electric Buses by local authorities; Rate cuts on EVs and EV chargers effective from August 01, 2019: CBNC TV18 Tweet...