It’s a Good day for Renewable sector. Last night the GST rates have been declared on all the products, equipment's and machineries required in producing Renewable Energy. As against the Industry Expectation of 12%-18% slab government has come up with 5% slab. This is a very strategic decision in order to promote the renewable sectors.
Posts tagged as “Goods and Service Tax”
Goods and Services Tax (GST) is an indirect taxation in India merging most of the existing into a single system of taxation.The GST will subsume almost all state and central level indirect taxes and levies in India. AT Central Level. Central Excise Duty (CENVAT) Additional Excise Duties The Excise Duty levied under the Medicinal and