GST Council may widen fleet ITC

⚡ Fuelprice VEHICLE TAX Reports say business vehicles, EV fleets and related running costs could get wider input-tax-credit treatment.

Business vehicle credit could expand

⚡ Fuelprice WHAT IS PROPOSED 13 SEATS One reported proposal covers eligible vehicles with seating capacity up to 13 persons, including the driver.

Two tax options are reported

⚡ Fuelprice EV FLEETS 5% / 18% The proposal could pair a lower rate with restricted ITC or a higher rate with full eligible ITC.

Fewer repeated checks proposed

⚡ Fuelprice TRUCK OPERATORS A separate proposal could make multi-state goods movement more predictable while keeping document checks.

Nothing changes until notified

⚡ Fuelprice READ THE FULL STORY See what fleets should track before treating a reported proposal as a tax saving.

Get the full breakdown

⚡ Fuelprice READ THE FULL STORY Sources, numbers and what to watch next. Tap up to read the full article ↑ Read: GST Council may widen vehicle ITC for fleets and EVs