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.
Gst rate for solar panels.
Gst on solar panels is 5.
However is the effect of gst on solar as.
A gst rate for solar module mounting structure will be 18 when being bought from a fabricator by an epc company.
The gst council issued clarity on the confusion over the rates for solar power projects.
See solar inverter brands sold by loop solar.
In addition to this the rates applicable on the various components required in the assembly of solar panels are below.
Gst on solar inverters should be 5 as it can be considered under solar device category.
See point number 12 in following link.
A gst rate for solar inverters in india is 5 and the applicable hs code is 85044090.
In re frizo india private limited gst aar rajasthan applicable gst rate on supply of solar power generating system in instant case the nature of work is of erection procurement and commissioning of solar generating system which falls under the ambit works contract services sac 9954 of notification no.
Q what is the gst rate and hs code for solar module mounting strcture in india.
The gst rate applicable on solar inverters is still under debate with some vendors invoicing at 5 gst and others at 28.
Though further clarity is required on this from gst dept.