What is the revised Goods & Service Tax (GST) rate of all Electric Vehicles (EVs) in India ?
A. 0%
B. 15%
C. 18%
D. 5%
Answer:D
What is the revised Goods & Service Tax (GST) rate of all Electric Vehicles (EVs) in India ?
A. 0% B. 15% C. 18% D. 5%
Explanation: The GST Council made the following changes in the GST rate on supply of goods and services which will be effective from August 1, 2019: The GST rate on all Electric Vehicles (EVs) was reduced from 12% to 5%. The GST rate on charger or charging stations for EVs was reduced from 18% to 5%. Hiring of electric buses (of carrying capacity of more than 12 passengers) by local authorities was exempted from GST...........Check More at INDIA GK" App: tinyurl.com/IndiaGK