GST rate cut on Electric Vehicles from 12 percent to 5 percent

GST RATE CUT ON ELECTRIC VEHICLES For: Preliminary & Mains Topics covered: GST rate changes, Electric vehicles, Significance, Challenges News Flash The Central government announced GST rate reduction for electric vehicles, chargers and charging stations. The changes shall come into effect from August 1, 2019. Highlights The 36th GST Council Meeting recommended a reduction of GST rate on all-electric vehicles from 12 percent to 5 percent. The GST rate on the charger/…

Seva Bhoj Yojana for Charitable Religious Institutions

Seva Bhoj Yojana for charitable religious institutions (Ministry of Human Resource Development) WHAT The scheme envisages reimbursing the taxes paid by charitable/religious institutions on purchase of specific raw food items for serving free food to public/devotees. It reimburses the Central Government share of Central Goods and Services Tax (CGST) and Integrated Goods and Service Tax (IGST). The specific raw food items covered under the Scheme are Ghee, Edible Oil, Sugar/Burra/Jaggery, Rice, Atta/Maida/Rava/Flour, Pulses. The scheme…

GST rate cut on Electric Vehicles from 12 percent to 5 percent

Seva Bhoj Yojana for Charitable Religious Institutions

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