The 36th GST Council Meeting was held here today Via Video Conference under the chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman.
The meeting was also attended by Union Minister of State for Finance & Corporate Affairs Shri Anurag Thakur besides Revenue Secretary Shri Ajay Bhushan Pandey and other senior officials of the Ministry of Finance.
The Council has recommended to reduce the GST rate on all electric vehicles from 12% to 5%. Further, the GST rate on charger or charging stations for Electric vehicles be reduced from 18% to 5%.
It was also decided that the hiring of electric buses (of carrying capacity of more than 12 passengers) by local authorities be exempted from GST.
These changes shall become effective from 1st August, 2019.
In a major relief to the composition dealers, 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.
Also, the 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.
