GST Council meet: Rates on electric vehicles slashed to 5%

Updated: July 27, 2019 04:51 PM IST

In a welcome move for e-vehicles manufacturing industry in India, a decision is taken in the 36th GST Council meeting to reduce Goods and Services Tax (GST) rates on electrical vehicles (EV) from 12 percent to 5 percent. Watch this video to know more.



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