HomeEconomy NewsGST council retains 5% tax on all electric vehicles to reinforce clean mobility Under the revamped tax structure, the GST is reduced into fewer slabs, 0%, 5%, 18%, and 40%, aiming at simplification while cushioning essential items and renewable energy, and keeping luxury and demerit goods expensive. By CNBCTV18.com September 4, 2025, 12:02:23 AM IST (Updated) The GST Council has officially announced the Goods and Services Tax (GST) on electric vehicles (EVs) will be 5%, which co...