GST hike from 5% per 12% to make solar projects unviable, say industry players

Currently, the GST rate on all solar panels is 5%. This was decided when the indirect tax system was overhauled in 2017. An industry executive said that a straight 12% GST for the solar industry will prove to be a catastrophic decision for a huge segment in the renewable energy industry.

via Economictimes

No comments