What is the GST on inverter and battery?

What is the GST on inverter and battery?

GST Rate for Inverter and Automotive Batteries are 28\%.

What is the GST on solar panels?

12\%
Renewable energy devices including solar panels and modules, bio-gas plants, solar power generators, windmills, solar lamps, tidal waves energy devices or plants and their parts, will be charged a GST of 12\% against 5\% earlier.

What is the GST rate for kitchen chimney?

HSN Code 6906

HS Code GST\%
690600 18\%

What is included in solar panel system?

There are 5 key components in a home solar panel system: solar panels, an inverter, an electrical panel, the power grid, and the sun. In this blog, we’ll walk you through how each component works together to create a complete solar panel system.

READ ALSO:   What is the best supplement to reduce uric acid?

What is the GST rate and HS code for solar inverters in India?

A) GST rate for solar inverters in India is 5\% and the applicable HS code is 85044090. See solar inverter brands sold by Loop Solar. Q) What is the GST rate and HS code for solar module mounting strcture in India? A) GST rate for solar module mounting structure will be 18\% when being bought from a fabricator by an EPC company.

What is the GST on Inverter Batteries?

GST on inverter Batteries comes under hsn code 8507 and under 28\% GST slab while home ups comes under 8548 HSN code and are under 18\% GST slab.

What is the GST rate for ups in India?

Inverters, UPS now comes under 18\% GST slab Major head: Static Converters Solar panels, solar inverters are also under 18\% GST slab. 28\% Goods & Services Tax ( GST) Rates is Applicable on Ups Batteries in India.

READ ALSO:   Is TOEFL score 82 good?

What is the GST rate for solar module mounting structure?

A) GST rate for solar module mounting structure will be 18\% when being bought from a fabricator by an EPC company. The applicable HS code will be 73089090. However, it can be sold as a part of a solar power plant at 5\% GST. The government may come out with a similar notification for module mounting strutures to reduce effective GST rate to 5\%.