Solar industry seeks urgent clarity on rate of GST on projects

Country’s solar industry has sent out an SoS to policy makers, including key officials in the  finance ministry, seeking urgent clarification on the rate of goods and services tax (GST) on solar projects after controversial Authority for Advance Rulings (AAR) held these would face 18% and not 5%. This, the industry fears, could not only derail its whole arithmetic on tariffs and render projec…