GST Amendments: Focus on Electrically Operated Vehicles
Central Government amends notification 1/2017-Central Tax (Rate) under CGST Act, 2017.
Changes recommended by the Council to accommodate electrically operated vehicles.
Schedule-wise amendments include adjustments in tax rates for various items.
Notable additions: inclusion of charger or charging station for Electrically operated vehicles.
Electrically operated vehicles, including E-bicycles, now attract a 2.5% tax rate.
Gunjan Kumar Verma, Under Secretary to the Government of India, issues the notification.
Effective from August 1, 2019, these amendments aim to promote eco-friendly transportation and support electric vehicle infrastructure development.