let me know the GST for Solar panels / photovoltaic module.
Srinivas K L
12 Replies
Tejas N Vora
(Tax Consultant)
(296 Points)
Replied 22 May 2017
Hello Mr. Srinivas,
GST rate for Solar panels is 5 % and photovoltaic module is 18 %
Regards,
Tejas Vora
SRINIVAS K L
(PURCHASE MANAGER)
(31 Points)
Replied 23 May 2017
Dear Tejas,
Panel and Module one and the same
Panel and Module one and the same
SRINIVAS K L
(PURCHASE MANAGER)
(31 Points)
Replied 23 May 2017
FYI, before GST for Solar Module / panel nil rate of duty and clearly mentioned with notification.
but in GST not specified, it means nil rate of tax?
but in GST not specified, it means nil rate of tax?
Tejas N Vora
(Tax Consultant)
(296 Points)
Replied 23 May 2017
Hello Srinivasji,
Regret for inconveince to you.
Then the Rate is 5 %.
In Energy generation sector i.e. Solar Energy, Wind Energy special TAX benifits are given by CENTRAL GOVERNMENT AND BY STATE GOVERNMENTS. After implementeation of GST in states, we need to confirm wether same tax benifits are continued or not.
SRINIVAS K L
(PURCHASE MANAGER)
(31 Points)
Replied 23 May 2017
Dear Sir,
for photovoltaic module is 18% not 5%
for photovoltaic module is 18% not 5%
SRINIVAS K L
(PURCHASE MANAGER)
(31 Points)
Replied 29 May 2017
is it exemption for EOU unit continued?
CA PRATIK DHRUVE
(CHARTERED ACCOUNTANT)
(634 Points)
Replied 29 May 2017
Below mentioned devices are covered under rate of 5%:
Renewable energy devices & spare parts for their manufacture
a) Bio-gas plant
b) Solar power based devices
c) Solar power generating system
d) Wind mills and wind operated electricity generator
e) Waste to energy plants/devices
f) Solar lantern/solar lamp
g) Ocean waves/tidal waves energy devices/plants
Kindly check whether your product falls under above categories, then it is 5%. Otherwise all such devices are at 18%
Sankar
(Accounting)
(26 Points)
Replied 17 June 2017
From where we can see/download itemwise rate of tax under GST?
It tax rate under modification or fninal
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 17 June 2017
From schedule uploaded in share files.
Sankar
(Accounting)
(26 Points)
Replied 26 June 2017
Can any one let me know what is BoM of Solar Power Generating System in a invoice.
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