News
AAR rulings put solar cos in a bind
- Date:
- May 28, 2018
- Source:
- Economic Times
Divergent decisions from two separate Authority for Advance Rulings (AAR) on the GST rate applicable on installation of solar plants have thrown the solar industry into a conundrum. The industry has knocked at the doors of the government seeking clarity on the matter. Two rulings, from the Maharashtra AAR, have favoured a GST rate of 18%, treating installation as a whole works contract…