Quick Summary
In a significant update for power consumers in Uttar Pradesh, the U.P. Power Corporation Limited (UPPCL) has announced new guidelines clarifying the GST applicability on a range of power billing system services. This follows recent directives from the Union Finance Ministry and brings relief by exempting 17 specific power-related services from GST. Key GST-Exempt Services The exempted services include: Charges for disconnection and reconnection. Processing fees for load changes and conne
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FAQ :
Seventeen power services are now exempt from GST, including charges for disconnection and reconnection, processing fees for load changes and connection modifications, meter testing and replacement, installation and removal of temporary connections, service line charges, interest on security deposits, cheque dishonour charges, theft charges, and one-time settlement registration.
Previously, these services attracted an 18% GST following a central notification in 2020.
The new GST exemptions are effective from October 10, 2024.
Yes, deposit services will continue to attract GST at the rate of 18%.
The update mentions that GST for 'service by way of renting of any property other than residential dwelling to a registered person' will be applicable under the reverse charge mechanism (RCM), meaning the recipient of the service is responsible for paying the GST.
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