GST Rate on Electric Vehicle
5%
GST Rate
- Product
- Electric Vehicle
- HSN/SAC Code
- 8703
- GST Rate
- 5%
- CGST
- 2.5%
- SGST
- 2.5%
- IGST
- 5%
- Category
- Automobiles
Example GST Calculation
| Taxable Value | ₹10,000 |
| GST @ 5% | ₹500 |
| ↳ CGST @ 2.5% | ₹250 |
| ↳ SGST @ 2.5% | ₹250 |
| Total | ₹10,500 |
Calculate GST on Electric Vehicle →
Related HSN Codes
| HSN Code | Description | GST Rate |
|---|---|---|
| 8512 | Electrical lighting/signalling for vehicles, wipers | 18% |