Tag Archives: GST

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

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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

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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

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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

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GST Cell in MNRE

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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

Posted in DISCOM, Greenhouse Gases, GST, India, Pollution, Renewable Purchase Obligation, Renewables, Solar, Tamil Nadu | Tagged , , , , , , , , | Leave a comment

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

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