GST exempted on e-busses

The Goods and Services Tax (GST) on all electric vehicles will be reduced from 12% to 5% from 1 August 2019, said a Finance Ministry on 27 July 2019 during a meeting chaired by Finance Minister Nirmala Sitharaman.

The GST rate on charger or charging stations for Electric vehicles be reduced from 18% to 5%.

Hiring of electric buses (of carrying capacity of more than 12 passengers) by local authorities be exempted from GST.

Last date for filing of intimation, in FORM GST CMP-02, for availing the option of payment of tax under notification No. 2/2019-Central Tax (Rate) dated 7 March 2019 (by exclusive supplier of services), to be extended from 31 July 2019 to 30 September 2019.

The last date for furnishing statement containing the details of the self-assessed tax in FORM GST CMP-08 for the quarter April 2019 to June, 2019 (by taxpayers under composition scheme), to be extended from 31 July 2019 to 31 August 2019, said the Ministry. fiinews.com