Solar power plant EPC to attract 18% GST: AAR

In a ruling that could spike the cost of setting up solar power plants, the Authority for Advance Ruling (AAR) for GST in Maharashtra said that engineering, procurement and construction (EPC) activities will be considered as ‘work contract’ and liable to be taxed at 18%. The petitioner had argued that these should be considered as ‘composite supply’, which would attract a concessional GST of 5% fo…