The Effective Rate of GST on Solar Projects is 8.9%, Argues SPDA in Letter to Jaitley
The recommendation will increase the cost of electricity for many operating projects where the PPA allows for the pass through on GST, according to the SPDA
January 7, 2019
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Keeping in view the lingering uncertainty regarding the applicable rate of GST on various components that go into the making of a solar project, the GST Council, in its 31st meeting, gave its recommendations on solar power generating projects.