GST Council to hold virtual meet on Saturday After a gap of nearly six months, the meeting of GST Council, which is headed by Finance Minister Nirmala Sitharaman, would be held on Saturday through video conferencing, it was announced on Friday. New Delhi : After a gap of nearly six months, the meeting of GST […]
GST on electric vehicles may be reduced to 5%
Lower duties are expected to encourage global manufacturers to invest in India’s shift to e-vehicles. NEW DELHI: India may cut the goods and services tax (GST) on electric vehicles to 5% from 12% to provide a stimulus to the sector that’s a high priority for the Narendra Modi government. The GST Council is set to […]
Delhi High Court paves way to untangle GST knot for solar firms
A consultative meeting will be held with CBIC within the next four weeks for the solar power producers to put forward their grievances Solar power developers are hopeful of relief in GST rates after the Delhi High Court’s order directing authorities to redress their grievances. The court last week directed Central Board of Indirect Taxes […]
Renewable energy capacity addition tumbles 49% during Apr-Feb period
Though tariffs for both, solar and wind power, fell to historic lows of Rs 2.44 per unit, the lack of clarity in policies for the renewable energy sector affected fresh capacity addition Renewable energy capacity addition tumbled 49 per cent during April-February period of FY 19 to 6000 Mw compared with 11,800 Mw added in […]
