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Govt clarifies GST confusion on solar, 70% project cost under 5% rate

Govt clarified saying that 70% of the gross value of project shall be deemed as the value of supply of said goods attracting 5% rate The GST council issued clarity on the confusion over the rates for solar power projects. While solar panels were classified under 5 per cent tax slab, industry had contested saying […]

Clarification regarding Guidelines for operationalizing optimum utilization of generating stations as per the requirement in the Electricity Grid-regarding – EQ