The new tax policy implemented in India by the Central government. A flat 5 per cent tax on all solar power equipment will put the sector on par with domestic coal from July 1 and make solar energy generation more expensive.All solar equipment’s and its parts would attract 5% GST only," Hasmukh Adhia, Revenue Secretary said in a tweet, conflicting to the initially planned two tax slabs of 5% and 18%. Government Hikes 5% Tax On Solar Power Equipments in india also reflect a change in the prices of solar power equipment.
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