The world is currently facing a climate crisis with pollution being at its highest. Taking note of the increased preference for electric vehicles and the implementation of FAME India (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India), the GST council recommended the reduction of GST rates for electric vehicles. In the fourth edition of our GST Newsletter, we have talked about GST implications on Electric Vehicles, Hydrogen Fuel Vehicles, and Hybrid Vehicles including their spares & accessories. We have also summarized the recent circulars, notifications, and due dates for the month of September 2021.
In this newsletter we discuss the following:
- What is the GST On Electric Vehicles?
- What is the GST On Hydrogen Fuel Vehicles?
- What is the GST On Hybrid Vehicles?
- What is the GST On Spares?
Important Notifications And Circulars For The Month Of September 2021
Every newsletter shall include the calendar for the month. We have highlighted the GST due dates that you need to be aware of for your easy reference!