Gst Rate For Solar Panels

The gst council issued clarity on the confusion over the rates for solar power projects.

Gst rate for solar panels.

Though further clarity is required on this from gst dept. However is the effect of gst on solar as. 11 2017 central tax rate dated 28 june 2017 and shall attract 18 rate of tax. See solar inverter brands sold by loop solar.

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. A gst rate for solar module mounting structure will be 18 when being bought from a fabricator by an epc company. In addition to this the rates applicable on the various components required in the assembly of solar panels are below. Gst on solar panels is 5.

See point number 12 in following link. The gst rate applicable on solar inverters is still under debate with some vendors invoicing at 5 gst and others at 28. The applicable hs. 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.

A gst rate for solar inverters in india is 5 and the applicable hs code is 85044090.