Gst Rate For Solar Panels

11 2017 central tax rate dated 28 june 2017 and shall attract 18 rate of tax.

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. 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. A gst rate for solar module mounting structure will be 18 when being bought from a fabricator by an epc company.

Gst on solar panels is 5. See point number 12 in following link. Though further clarity is required on this from gst dept. However is the effect of gst on solar as.

See solar inverter brands sold by loop solar. 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. A gst rate for solar inverters in india is 5 and the applicable hs code is 85044090.

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