GST Rate on Electric Vehicles (EV)
Everything you need to know about the GST taxation for Electric Vehicles (EV) in India, including HSN code 8703 and the exact tax breakdown.
Applicable GST Rate
Electrically operated vehicles, including two and three wheeled electric motor vehicles
5%
HSN/SAC Code
8703
Tax Split (Intra-State)
CGST: 2.5% + SGST: 2.5%
Calculate GST on Electric Vehicles (EV)
Tax Amount: ₹0.00
Total Inclusive Price: ₹0.00
Understanding Electric Vehicles (EV) GST & HSN Code 8703
If you are dealing in Electric Vehicles (EV), it is mandatory to apply the correct GST rate of 5% on your invoices. The government classifies this under the HSN/SAC code 8703.
When selling intra-state (within the same state), this tax is split equally into CGST and SGST. For inter-state sales, the full rate is charged as IGST.
Frequently Asked Questions
What is the exact GST rate on Electric Vehicles (EV)?
The applicable GST rate for Electric Vehicles (EV) is 5%.
What is the HSN code for Electric Vehicles (EV)?
The harmonized system code (HSN/SAC) for Electric Vehicles (EV) is 8703. It is mandatory to mention this code on tax invoices for B2B transactions.