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SMEV Seeks Rs 20,000 Crore to promote electric vehicles in IndiaBy : Sustainability ..., Jan 21, 2019
Electric vehicle (EV) makers' body SMEV sought an allocation of Rs 20,000 crore in the next two years for promoting EVs in the country and also urged the government to impose a "notional green cess" on conventional vehicles... Read more.. |
Solar power industry demands uniform GST rate of 5 per centBy : Sustainability ..., Dec 31, 2018
The Solar Power Developer Association (SPDA) has demanded the goods and services tax rate be kept uniform at 5 per cent on solar power generating system (SPGS) saying recent recommendations of... Read more.. |
Govt clarifies GST confusion on solar, 70% project cost under 5% rateBy : Sustainability ..., Dec 24, 2018
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 other... Read more.. |
GST on recycled construction waste products to be reduced to 5 per centBy : Sustainability ..., Dec 19, 2018
In a bid to promote reuse of debris generated by the construction industry, the government will soon reduce the Goods and Services Tax (GST) on products made from recycled demolition waste to... Read more.. Subject Tags: construction waste , CPWD , GST , GST reduction , India , recycling , waste management |
Discoms will have to pay Rs 2,000 cr to solar companies as GST claimsBy : Sustainability ..., Nov 20, 2018
State power distribution companies (discoms) will have to shell out nearly Rs 2,000 crore as one-time compensation towards GST impact to solar power developers, according to rating agency Icra.... Read more.. |
Keep GST rate on lithium-ion battery same as electric vehicle, says SMEVBy : Sustainability ..., Jul 24, 2018
Reduction of GST rate on lithium-ion batteries to 18 percent... Read more.. Subject Tags: green transport , GST |
Divergent AAR rulings put solar companies in a bindBy : sustainabilityo..., May 28, 2018
Divergent decisions from two separate Authority for Advance Rulings (AAR) on the GST rate applicable on installation of solar plants have thrown the solar industry into a conundrum. ... Read more.. |
No GST concession for solar contractorsBy : sustainabilityo..., May 10, 2018
Though solar panels and related equipment attract goods and services tax (GST) at a concessional rate of only 5%, solar developers who employ contractors to supply the panels and set up their... Read more.. |
High GST rate on batteries to hit government's e-vehicle driveBy : sustainabilityo..., Nov 1, 2017
High tax on batteries used in electric vehicles under the goods and services tax regime may prove a major roadblock to the government’s drive to push e-vehicles, industry insiders say.... Read more.. |
Piyush Goyal rules out review of 5 per cent GST on solar equipmentBy : sustainabilityo..., Aug 17, 2017
Amidst reports that there is still lack of clarity on the 5 per cent goods and services tax (GST) levy on solar equipment, Union Power Minister Piyush Goyal has reiterated that there is no ambiguity as the government is very clear on the issue. "There is no question of... Read more.. |