Gst Rate For Solar Panels

In addition to this the rates applicable on the various components required in the assembly of solar panels are below.

Gst rate for solar panels. 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. However is the effect of gst on solar as. The gst council issued clarity on the confusion over the rates for solar power projects. If the rooftop solar systems which includes solar panels come under 5 gst across india as it seems from the paper published by the gst council then it is a big step forward and the residential commercial and industrial consumers should take up this opportunity to go solar with a uniform tax rate.

The applicable hs. Though further clarity is required on this from gst dept. Gst on solar panels is 5. See point number 12 in following link.

Gst on solar inverters should be 5 as it can be considered under solar device category. The gst rate applicable on solar inverters is still under debate with some vendors invoicing at 5 gst and others at 28. Q what is the gst rate and hs code for solar module mounting strcture in india. A gst rate for solar module mounting structure will be 18 when being bought from a fabricator by an epc company.

See solar inverter brands sold by loop solar.