Policy & Tax
GST Council Recommends Lower Rate for EV Transport Services
India's GST Council has proposed a reduced 5% GST rate for electric vehicle passenger transport and rental services that bundle charging costs.
- Optional 5% GST rate recommended for EV passenger transport and rental services.
- Applies when vehicle charging is included in the total service amount.
- Standalone EV charging services will continue to attract 18% GST.
Why it matters: Consumers using EV-based ride-hailing or rental services in India where charging is bundled might benefit from potentially lower service costs due to the reduced GST rate.
Source
constructionworld.in. This older story was written before EVersus began checking every figure against a linked article, so treat it as a pointer and confirm details with the maker.