GST Council To Meet Today, EV Rate Cut On Agenda
  • WebDesk BTVI
  • Jul 25 2019

The GST council is scheduled to meet today at 3PM and is expected to take up rate cut on electric vehicles (EVs). It is expected that the GST on EVs will be brought down to 5 per cent, from 12 per cent at present. The GST on EV charging component is also likely to be cut. The move is aimed at incentivising the e-mobility sector. BTVI's Ashutosh Mishra brings in more details on the story.