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Tag Archives: GST
Electric Vehicle GST reduced to 5%
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
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India’s goods and services tax – implication on PPAs – Video
Posted in Renewables
Tagged GST, India, India GST, PPA, Renewables, Solar, Solar GSt
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Solar gets Lower GST and clarity
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
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Fresh blow for Indian PV with 18% GST rate verdict
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
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India diverts Rs 56,700 crore from the fight against climate change to Goods and Service Tax regime
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
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GST Cell in MNRE
Posted in MNRE, Regulations and Procedures, Solar, tax exemption
Tagged GST, mnre, Ruchin Gupta
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Solar power tariff has hit an all-time low of Rs. 3.47 per unit in Tamil Nadu, TANGEDCO receives bid for 1500 MW
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
GST for Solar at 5%, Govt issues clarification
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
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GST (Goods and Service Tax) rates from July 1
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
How will GST impact Solar Projects in India
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
Posted in Bagasse, Biofuels, Biomass, CERC, Cogeneration, Geothermal, Grid Connected, Grid Interactive Distributed Solar Energy Systems, Hydro, India, Maharashtra, MNRE, Power Generation, PV, Renewables, Solar, Solar Parks, Solar Policy, Solar Pumps, Waste, Waste To Energy, Wind
Tagged Andhra Pradesh, Biomass, Concentrated Solar Power, Electricity generation, energy, environment, Goods and Service Tax, GST, Gujarat, Jawaharlal Nehru National Solar Mission, Ministry of New and Renewable Energy, Photovoltaic, Photovoltaic system, power plants, PV, Service Tax, Solar, Solar India, Solar Power, solar taxes, Taxes
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