GST Council trims rate on electric vehicles, chargers to 5 pc
New Delhi, Jul 27: The high-powered GST Council on Saturday decided to reduce the tax rate on electric vehicles (EVs) to 5 per cent from the existing 12 per cent, effective from August 1.
It also slashed the Goods and Services Tax (GST) on EV chargers from 18 per cent to 5 per cent, an official statement said after the 36th meeting of the council.
The meeting, chaired by the Finance Minister Nirmala Sitharaman, was held via video conferencing.
The council also approved GST exemption for hiring of electric buses by local authorities.
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Bengaluru: Commercial building fire brought under control, two rescued
Bengaluru (PTI): A fire broke out in a multi-storey commercial building here on Friday evening, following which two people who were trapped on the terrace were safely rescued, officials said.
The incident occurred at around 5.30 pm at a commercial building located on Coles Road, they said.
However, no casualties were reported, officials added.
According to officials, the blaze started on the terrace, where a pantry and storeroom are located. The situation led to panic as the building is located adjacent to a petrol bunk, raising fears of a possible explosion.
Two people trapped on the terrace due to the fire were rescued by a police team along with Fire and Emergency Services personnel, a senior police officer said.
Four fire tenders were pressed into service, and after nearly an hour of intense firefighting, the blaze was brought under control.
The cause of the fire is yet to be ascertained, police said, adding that further investigation is underway.
