GST Council Cuts Tax On Renewable Energy Equipment To 5%

The Council has lowered the GST on non-lithium-ion batteries, including lead acid, sodium, and flow batteries, from 28 per cent to 18 per cent to scale grid-scale energy storage technologies for storing renewable power for longer durations. The GST for lithium-ion batteries shall remain 18 per cent.
|
||||
You Might Like |