New Delhi: The electricity should be brought under Goods and Services Tax as it will make power cheaper, the apex industry association of manufacturers of electrical and industrial electronics IEEMA said today.
“We are of the view the electricity should be brought under Goods and Services Tax (GST) because the credit will be available and electricity will be cheaper,” Indian Electrical and Electronics Manufacturers Association (IEEMA) Director General Sunil Misra told reporters here.
He said, that, IEEMA has also made representation to the government, requesting it to bring electricity under the ambit of GST.
“Electricity is considered under energy…Our job is to push the government to get GST and electricity under the GST Act. If the government is able to do it then it is fine,” IEEMA said.
IEEMA, the apex industry association of manufacturers of electrical, industrial electronics and allied equipment in India, is organising ELECRAMA 2018 from March 10-14.
ELECRAMA is the flagship showcase of the Indian electrical industry ecosystem. The exhibition covers the entire gamut of electricity including, generation, transmission, distribution, power electronics and renewable.