Tag Archives: GST

Electric Vehicle GST reduced to 5%

Posted on October 1, 2019 by Ritesh Pothan

GST rate on all Electric Vehicles reduced from 12% to 5% and of charger or charging stations for EVs from 18% to 5% Hiring of electric buses by local authorities exempted from GST Changes in GST rates shall be effective … Continue reading →

Posted in Government, GST, India, Taxes | Tagged Electric Buses, Electric Charger, Electric Vehicles, EV, GST, GST Law | Leave a comment

India’s goods and services tax – implication on PPAs – Video

Posted on June 27, 2019 by Ritesh Pothan

Posted in Renewables | Tagged GST, India, India GST, PPA, Renewables, Solar, Solar GSt | Leave a comment

Solar gets Lower GST and clarity

Posted on December 24, 2018 by Ritesh Pothan

22ndDecember 2018 PRESS RELEASE Recommendations made during 31stMeeting of the GST Council held on 22ndDecember, 2018 (New Delhi)-Rate changes GST Council in the 31stmeeting held on 22ndDecember, 2018 at New Delhi took following decisions relating to changes in … Continue reading →

Posted in GST, Taxes | Tagged GST, PV EPC, pv projects, Solar, Solar EPC, Solar India, Solar projects, Solar PV | Leave a comment

Fresh blow for Indian PV with 18% GST rate verdict

Posted on November 17, 2018 by Ritesh Pothan

The decision to tax the ‘service’ provided to solar developers at the full rate comes days after India’s Supreme Court upheld the federal government’s imposition of a 25% safeguarding duty on Chinese and Malaysian panels. Hot on the heels of … Continue reading →

Posted in Government, India, News, PV, Renewables | Tagged GST, GST 18%, Solar, Solar PV | Leave a comment

India diverts Rs 56,700 crore from the fight against climate change to Goods and Service Tax regime

Posted on August 9, 2017 by Ritesh Pothan

India’s biggest domestic source of public funds to push renewable energy and protect the environment has become a victim of the Goods and Services Tax. In April, the government included the tax collected on production and import of coal to … Continue reading →

Posted in Bagasse, Biofuels, Biomass, Climate Change, Coal, Cogeneration, Geothermal, Government, Hydro, India, PV, Renewables, Solar, Waste To Energy, Wind | Tagged Biomass, BJP, carbon dioxide gas, Clean Energy Cess, Coal Cess, GST, Narendra Modi, National Clean Energy and Environment Fund, non-lapsable, Rita Pandey - environmental economist and professor at the National Institute of Public Finance and Policy in New Delhi, Solar, Wind | Leave a comment

GST Cell in MNRE

Posted on July 4, 2017 by Ritesh Pothan

Posted in MNRE, Regulations and Procedures, Solar, tax exemption | Tagged GST, mnre, Ruchin Gupta | Leave a comment

Solar power tariff has hit an all-time low of Rs. 3.47 per unit in Tamil Nadu, TANGEDCO receives bid for 1500 MW

Posted on July 3, 2017 by Ritesh Pothan

Solar power tariff has hit an all-time low of Rs. 3.47 per unit in Tamil Nadu. The tariff has gone below Rs. 3 per unit in many states, but this is the first time that a prospective investor has bid so … Continue reading →

Posted in DISCOM, Greenhouse Gases, GST, India, Pollution, Renewable Purchase Obligation, Renewables, Solar, Tamil Nadu | Tagged GST, Krishnagiri, NLC, Paramakudi, Raasi Green Earth Energy, Ramanthapuram, Tamil Nadu Electricity Regulatory Commission (TNERC), tangedco, TNERC | Leave a comment

GST for Solar at 5%, Govt issues clarification

Posted on May 30, 2017 by Ritesh Pothan

The government will levy a 5 per cent tax on all equipment required for generating solar power compared with nil duty now, a government official clarified, putting an end to confusion about the new taxation policy for the industry after … Continue reading →

Posted in Cells & Modules, GST, PV, Solar, Solar PV, Taxes | Tagged GST, GST Solar, Revenue Secretary Hasmukh Adhia, Solar, Solar projects | Leave a comment

GST (Goods and Service Tax) rates from July 1

Posted on April 21, 2017 by Ritesh Pothan

Description of goods Rate 1 Bullions. 1% 2 Gold and silver ornaments. 1% 3 Precious stones. 1% 4 Canteen Sales Department (CSD) 1% SCHEDULE – IV [See section 12(4)(c)] Goods Taxable at 4 per centum Description of goods Rate 1 … Continue reading →

Posted in Biofuels, Biomass, Cogeneration, Grid Interactive Distributed Solar Energy Systems, Grid Storage, Maharashtra, PV, Renewables, Solar, Solar PV, Waste To Energy, Wind | Tagged Goods and Service Tax, GST, Renewables, Solar, solar taxes, tax | 10 Comments

How will GST impact Solar Projects in India

Posted on March 8, 2017 by Ritesh Pothan

Implications-of-GST-on-delivered-cost-of-Renewable-Energy Executive summary Multiple Indirect taxes are currently levied on transactions in India. Some of the taxes are levied and collected by the Central Government, while other taxes are collected by the State Governments. Accordingly, the current Indirect tax regime … Continue reading →