Key Decisions taken in GST Council 36th Meeting. electric vehicles rate reduced. CMP-02 date extended

(i) The GST rate on all electric vehicles be reduced from 12% to 5%.

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

Notification No. 12/2019-Central Tax (Rate) issued for reduction of rates for electric Vehicles Click Here >>

(iii) Hiring of electric buses (of carrying capacity of more than 12 passengers) by local authorities be exempted from GST. Notification No.13/2019- Central Tax (Rate) dated 31.07.2019 issued in this regard Click Here >>

These changes shall become effective from 1^st August, 2019.

B. Changes in GST law:

(i) 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 07.03.2019 (by exclusive supplier of services), to be extended from 31.07.2019 to 30.09.2019.

(ii) 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 31.07.2019 to 31.08.2019. (Notification No. 35/2019-Central Tax dated 29.07.2019 issued)

(Note: The recommendations of the GST Council have been presented in this release in simple language for information of all stakeholders. The same would be given effect through relevant Circulars/Notifications which alone shall have the force of law.)

DSM/RM/HP
(Release ID :192337)