{"id":22377,"date":"2019-07-27T18:58:34","date_gmt":"2019-07-27T13:28:34","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?p=22377"},"modified":"2021-03-22T14:35:23","modified_gmt":"2021-03-22T09:05:23","slug":"36th-gst-council-important-updates","status":"publish","type":"post","link":"https:\/\/enterslice.com\/learning\/36th-gst-council-important-updates\/","title":{"rendered":"36th GST Council Important Updates"},"content":{"rendered":"<p>The 36<sup>th<\/sup> GST council meeting concluded with\nimportant updates as on 25<sup>th<\/sup> July 2019. The Finance Minister Nirmala\nSitharaman chaired the meeting. <\/p>\n\n\n\n<p><strong>Highlights of the 36<\/strong><sup><strong>th<\/strong><\/sup><strong> GST council meet are as follows;<\/strong><\/p>\n\n\n\n<ul><li>The decrease in GST rates on e-vehicles- &nbsp;Rates have been lowered from 12 per cent to 5 per cent<\/li><li>Electric vehicle chargers will be charged at 5 % GST<\/li><li>The focus was to ensure the promotion of Electric vehicle manufacturing in the country<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"823\" src=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/07\/Picture1-1-1024x823.png\" alt=\"36th GST council\" class=\"wp-image-22379\" srcset=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/07\/Picture1-1-1024x823.png 1024w, https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/07\/Picture1-1-300x241.png 300w, https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/07\/Picture1-1-768x617.png 768w, https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/07\/Picture1-1.png 1113w\" sizes=\"(max-width: 1024px) 100vw, 1024px\"\/><\/figure>\n\n\n\n<p>The meeting concluded in establishing a favourable tax regime for the e-vehicle manufacturing industry. The GST rate on E-vehicle was reduced significantly from 12 per cent to 5 per cent. The new rates will come into implementation from 1<sup>st<\/sup> August 2019.&nbsp; <\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>\n  <strong>Items with Revised GST Rates<\/strong>\n  <\/td><td>\n  <strong>Before<\/strong>\n  <\/td><td>\n  <strong>After<\/strong>\n  <\/td><\/tr><tr><td>\n  Electric charges\n  <\/td><td>\n  18%\n  <\/td><td>\n  5%\n  <\/td><\/tr><tr><td>\n  Electric vehicles\n  <\/td><td>\n  12%\n  <\/td><td>\n  5%\n  <\/td><\/tr><tr><td>\n  The revised rate will come into implementation from 1<sup>st<\/sup>\n  August 2019 \n  <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>The move to reduce <strong><a href=\"https:\/\/enterslice.com\/gst-registration\">GST<\/a><\/strong> is considered as a milestone for nurturing the e-vehicle industry in India. The step will reduce the production cost of e-vehicles in India. Hence, the selling price of the same is also likely to be reduced.<\/p>\n\n\n<a href=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/07\/36th-gst-council-meeting-has-reduced-gst-rates-for-electric-vehicles-from-18-to-5-extended-various-due-dates.pdf\" class=\"pdfemb-viewer\" style=\"width: 767px; \" data-width=\"767\" data-height=\"max\" data-toolbar=\"bottom\" data-toolbar-fixed=\"on\">36th-gst-council-meeting-has-reduced-gst-rates-for-electric-vehicles-from-18-to-5-extended-various-due-dates<br><\/a>\n<p class=\"wp-block-pdfemb-pdf-embedder-viewer\"><\/p>\n\n\n\n<p>Various national and international companies are investing in the <strong>E-vehicle industry<\/strong><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Electric_vehicle_industry_in_India\"><strong>[1]<\/strong><\/a><\/sup>. The notification will further encourage the manufacturers and distributors of the industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 36th GST council meeting concluded with important updates as on 25th July 2019. The Finance Minister Nirmala Sitharaman chaired the meeting. Highlights of the 36th GST council meet are as follows; The decrease in GST rates on e-vehicles- &nbsp;Rates have been lowered from 12 per cent to 5 per cent Electric vehicle chargers will [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":22384,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[49],"tags":[2613],"acf":{"service_id":"96"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>36th GST Council Meeting Important Updates - Enterslice<\/title>\n<meta name=\"description\" content=\"The 36th GST council concluded with announce of reduced GST rate for e-vehicles. GST rates are reduced for E-vehicles and E-vehicles parts.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/36th-gst-council-important-updates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"36th GST Council Meeting Important Updates - Enterslice\" \/>\n<meta property=\"og:description\" content=\"The 36th GST council concluded with announce of reduced GST rate for e-vehicles. GST rates are reduced for E-vehicles and E-vehicles parts.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/36th-gst-council-important-updates\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-27T13:28:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-03-22T09:05:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/07\/36th-GST-Council.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","authorName":"Akash Dubey","authorImageUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/04\/DSC_04891.jpg","authorDescription":"Akash Dubey is a Law Graduate and works as an\r\nAdvisor at Enterslice. He is proficient in Legal\r\nand Financial Advisory. His expertise in the\r\nskills of Legal and Financial Research is an aid\r\nto his strengths as an Advisor.","postViews":391,"readingTime":1,"nextPost":{"id":22408,"slug":"time-of-supply-under-gst"},"prevPost":{"id":22372,"slug":"web-based-kyc-verification-service-for-directors-by-mca"},"featuredMediaUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/07\/36th-GST-Council.jpg","postTerms":"GST","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/22377"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=22377"}],"version-history":[{"count":0,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/22377\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/22384"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=22377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/categories?post=22377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/tags?post=22377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}