GST Council slashes tax rates on electric vehicles, chargers
New Delhi: Federal indirect tax body, the Goods and Services Tax (GST) Council, on Saturday decided to reduce tax rates on electric vehicles and chargers from 1 August.
The tax rate is reduced from 12% to 5% on vehicles and from 18% to 5% on electric vehicle chargers.
The Council also made hiring of electric buses by local authorities tax free, said an official.
