What is the impact of GST on solar sector?? What will be rate of GST on Inverters and other raw materials like solar cell, backsheet & EVA etc?? & What will be the HSN of Solar Panel and solar cell?
Menu
Gst on solar panels & inverters and other solar accessories
Replies (6)
solar power based devices under chapter 85 are chargeable to 5% GST. However equipment like inverters etc. that are of general use and not specifically in relation to Solar power shall be taxed at their appropriate rates.
Thank you but what about Raw material used in manufacture of Solar Panel like Solar Cell, EVA , Backsheet and glass??
Thank you but what about Raw material used in manufacture of Solar Panel like Solar Cell, EVA , Backsheet and glass??
Parts used in manufacture of renewable energy devices shall also be chargeable to 5% GST
may be parts is referred to manufacturing of solar panels and the parts used for it.
I am producing cable lugs 85359090 but if I supply to solar customers what I should charge them 5% or 18%. Please clarify.
Recent Threads
- TDS DEDUCTED BUT NOT PAID BY EMPLOYER
- GST RCM GTA
- TDS Challan interst amount wrongly paid as surchar
- Query on TDS & Stamp Duty
- Query on form 26QB and TDS deduction
- Received this confusing IT notice. How to reply
- Houston Sign Company For Custom Signs, Banners &am
- Refund due to change in GST Rate Tobacco Products
- Lease related query can we rent out lease ?
- Planning of Ceased a Business i.e Closure of Compa
Related Threads
CAclubindia
