Gst Rate For Solar Panels

The gst rate applicable on solar inverters is still under debate with some vendors invoicing at 5 gst and others at 28.

Gst rate for solar panels.

A gst rate for solar inverters in india is 5 and the applicable hs code is 85044090. The gst council issued clarity on the confusion over the rates for solar power projects. 11 2017 central tax rate dated 28 june 2017 and shall attract 18 rate of tax. See point number 12 in following link.

A gst rate for solar module mounting structure will be 18 when being bought from a fabricator by an epc company. While solar panels were classified under 5 per cent tax slab industry had contested saying other equipments such as metals electrical material etc are under different and higher tax slabs which would increase the cost of power project. Gst on solar inverters should be 5 as it can be considered under solar device category. Q what is the gst rate and hs code for solar module mounting strcture in india.

Though further clarity is required on this from gst dept. If the rooftop solar systems which includes solar panels come under 5 gst across india as it seems from the paper published by the gst council then it is a big step forward and the residential commercial and industrial consumers should take up this opportunity to go solar with a uniform tax rate. The applicable hs. However is the effect of gst on solar as.

In re frizo india private limited gst aar rajasthan applicable gst rate on supply of solar power generating system in instant case the nature of work is of erection procurement and commissioning of solar generating system which falls under the ambit works contract services sac 9954 of notification no.