Solar energy in India: GST on solar project is high?
Jul 01:
8Currently 70% of the project cost attracts 5% GST and the remaining 30% attracts 18%. So the effective rate of the GST comes to 8.9%. 8India will shift to a 20% slab of safeguard duty next month, with this safeguard duty should be applicable for imports of solar cell from all the countries rather than from some selective countries so as to stop its rerouting 8Policy initiatives to incentivize discoms for achieving solar rooftop targets need to be introduced You can click on Reports for more