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The Southern India Mills’ Association

Committed to Foster the Growth of the Textile Industry

Solar industry demands uniform GST rate of 5 pc

Solar industry demands uniform 5% GST rate
The Solar Power Developer Association has demanded the GST rate be kept uniform at 5% on solar power generating system (SPGS) and said the recent proposals of the GST Council were inconsistent with the Centre’s policy of promoting clean energy. The total incidence of tax on the SPGS would increase to 8.9% with the implementation of the GST Council proposals finalised on December22.