to-the-point: Solar cells, modules in India face 18% tax

Solar cells, whether or not assembled in modules, may get a Goods and Services Tax (GST) in India of 18%, while the tax on wind and marine energy equipment will be of 5%.

The rates, released on Thursday by the GST Council, are not yet final. These should be finalised by the start of July, which is the deadline for the introduction of the GST, a direct tax on the supply of goods and services valid for the whole country.

Solar power devices, solar water heaters, solar lanterns and lamps, waste-to-energy and biogas plants will also face 5% GST, according to the document after the Meeting. Some battery types and components may get the highest tax of 28%.

Choose your newsletter by Renewables Now. Join for free!