GST Rate 5% or 18%? Solar Sector Continues to Live with Uncertainty

Passed on 1 st July 2017, India’s Goods and Services Tax (GST) is an indirect tax imposed on goods and services, and replaces existing state and central taxes of a similar nature. The goal of the GST is to simplify the indirect tax for the country as a whole.   “It has now been well over a year since the GST came into effect and there is still no clarity which has been a drag on solar install…