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Discussing critical tax issues of solar sector

Discussing critical tax issues of solar sector

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RSA delegation led by Shri Sunil Bansal, General Secretary met Shree Alok Gupta, Commissioner of Commercial Taxes, Commercial Taxes Department recently to discuss critical tax issues of solar sector. The delegation included leading industry stakeholders from Rays Power Experts, Diwakar Solar, Ohms Energy, and others.  RSA delegation explained the burning tax issues specifically Clarity on status of State GST in state faced by Solar Power Industry.

Clarity on GST / Tax applicable: –This is common problem with solar power related companies as tax authorities claim that only solar module is VAT exempted (earlier) / now GST 5% applicable. But in fact all PV solar energy systems and solar energy equipment is in purview of GST 5% applicable slot. RSA requested to issue necessary directions to commercial taxes department to specifically implement above.

Chief Commissioner, Central GST attentively heard the grievances of Solar Power Stakeholders and assured to solve the possible issues and do his level best towards.

RSA thanked again Mr. Alok Gupta for his valuable time and efforts.

Anand Gupta Editor - EQ Int'l Media Network

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