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GST rate on Solar Panels
I sold GST solar panels but I confused on 70% or 30% ratio of solar panels and GST rate there in How can I issue GST bill while I am registered as trading dealer under GST act
Replies (2)
Hi
plz pm
thanks
Mohit
8335093446
plz pm
thanks
Mohit
8335093446
Sir,
70% and 30% rule is applicable if you are into supply and construction of solar projects. If you are merely a trader of solar panels, i.e., only goods and no services, then 5% is the applicable GST rate for your entire invoice value..
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