New GST rate on solar system
There are any change in GST rate on solar system
what is new rate ?
Applicable on which date.
The supply of Solar Power Generating System along with other goods and service of designing, erection, commissioning & installation of the same is classified under SI no. 234 of Notification No. 1/2017-Central Tax (Rate) dated 28.6.2017 as amended vide Notification no. 24/2018-Central Tax (Rate) dated 31.12.2018 and SI no. 38 inserted in Notification no. 11/2017-Central Tax (Rate) dated 28.6.2017 vide Notification no. 27/2018-Central Tax (Rate) dated 31.12.2018.
Thanks for reply
but my agent told me GST rate increase 5 to 12, The rate applicable WEF 1-10-2021.
My agent send me 45th Meeting of the GST Council, Lucknow
17th September, 2021 press release in it
Major recommendations on GST rate changes in relation to Goods [w.e.f 1.10.2021 unless
Specified Renewable Energy Devices and parts from 5% to 12%.
It's applicable or just recommendation.
Approx. time for notification ( as per press meeting it's applicable W.E.F 1-10-2021)