GST meet today to consider cut in tax rate on electronic vehicles2Photo© zeenews.india.com

GST meet today to consider cut in tax rate on electronic vehicles

, 14 news, 2 views

New Delhi, July 25: Finance Minister Nirmala Sitharaman will chair the 36th meeting of the GST Council through videoconferencing in Delhi today. This will be the first GST Council meeting after the Union Budget was placed before the parliament in July 5 and Sitharaman's second one.

The Council is likely to decide the valuation of goods and services in solar power generating systems and wind turbine projects for the purposes of levying GST.

Among other issues, the GST Council is expected to announce its decision on lowering tax rates for electric vehicles, solar power projects and rationalisation of GST rates on lottery.