This discussion explores the Goods and Services Tax (GST) applicable to the supply of renewable energy sources such as solar and wind power, as well as energy stored in batteries. It addresses the specific GST tax rate for these supplies and whether Input Tax Credit (ITC) is available to both the seller and the buyer. The general consensus is that GST is not applicable to electricity supply, but professional advice is recommended for accurate classification and rate determination.
18 June 2023
Dear All, Suppose a JV has been formed by 2 partners (50% each) to supply round the clock renewable energy to one of the JV partners ( will consume 100%). Pl share the GST tax rate on supply of Renewable energy like Solar, Wind Energy and also from battery driven storage ( storage of solar and wind). Pl guide regarding GST to be imposed by JV. Is ITC Available to both Seller and buyer?