gst rate on inverter and solar panels

Rate / HSN codes 8396 views 12 replies
Hi. My client is a trader in inverter, ups and solar panels. Pls provide the gst rate.
Replies (12)

18% GST for Inverters, Ups, solar modules.......

Inverters, UPS now comes under 18% GST slab (w.e.f 16-06-2017) Major head: Static Converters Solar panels, solar inverters are also under 18% GST slab.
Thank you

GST on solar panels is 5%. See point number 12 in following link.

GST on solar inverters should be 5% as it can be considered under solar device category. Though further clarity is required on this from GST dept.

Thanks for update. Solar plates, modules will come under 5% GST. However the term "photo voltaic cells, whether or not assembled in modules or made up into panels" may not be valid for solar inverters. Lets see what big companies opt for.

Sir may  i  know HSN code

I am producing cable lugs 85359090 but if I supply to solar customers what I should charge them 5% or 18%. Please clarify.

Hi 

We are into construction field we take the Machinery and vehicle on rent. please let me know the GST rates?

 

The small financial plan measure that has gotten insufficient consideration is the burden of GST on the import of rv solar panel powered chargers from zero to 17%. The GST on inverters and other essential gear, in addition to import obligations are moreover. More than 95% of the boards are imported.

Inverters, UPS now comes under 18% GST slab. GST on solar inverters should be 5% as it can be considered under solar device category. Though further clarity is required on this from GST dept.

 

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Toyota Qualis spare parts

The Goods and Services Tax (GST) rate on inverters and solar panels can vary based on factors like capacity, type, and brand. Typically, inverters may attract a GST rate ranging from 5% to 18%, while solar panels are usually taxed at either 5% or 18%. However, it's essential to stay updated on the latest GST notifications as rates may be subject to change by the government. Additionally, certain exemptions or concessions may apply to promote the adoption of renewable energy sources.

Therefore, it's advisable to consult with a tax expert or refer to official government sources for accurate information on GST rates for inverters and solar panels.

Thankyou!

Insightful

 


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