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GST Council to decide on tax cut on electric vehicles this week

By : Sustainability ..., Jul 22, 2019

The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on July 25 and decide on lowering tax rates for electric vehicles, officials said. The 36th meeting of the Council,...

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12% GST on RECs: Renewable power companies move Delhi High Court

By : Sustainability ..., Apr 18, 2019

Renewable power companies have moved the Delhi High Court, seeking to exempt the renewable energy certificates (RECs) from the goods and services tax (GST). The case will also have implications...

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Govt missing out on low-hanging fruits amid EV-push

By : Sustainability ..., Mar 25, 2019

A Rs 10,000 crore scheme to subsidise sale of electric and hybrid vehicles as part of efforts to curb pollution is welcome, but the government is missing out on low-hanging fruits like Auto LPG...

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Solar power generation 5.8 per cent costlier with GST: Report

By : Sustainability ..., Mar 8, 2019

The introduction of Goods and Services Tax (GST) has led to an increase in the cost of solar photovoltaic (PV) power generation by almost 6 per cent, an independent study by the Council on...

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EV makers seek lower duty on components, batteries

By : Sustainability ..., Jan 29, 2019

The electric vehicle industry is seeking customs duty rationalisation on batteries, cells, motor, controlling units and other components currently imported by OEMs. 

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SMEV Seeks Rs 20,000 Crore to promote electric vehicles in India

By : Sustainability ..., Jan 21, 2019

Electric vehicle (EV) makers' body SMEV sought an allocation of Rs 20,000 crore in the next two years for promoting EVs in the country and also urged the government to impose a "notional green cess" on conventional vehicles...

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Solar power industry demands uniform GST rate of 5 per cent

By : Sustainability ..., Dec 31, 2018

The Solar Power Developer Association (SPDA) has demanded the goods and services tax rate be kept uniform at 5 per cent on solar power generating system (SPGS) saying recent recommendations of...

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Govt clarifies GST confusion on solar, 70% project cost under 5% rate

By : Sustainability ..., Dec 24, 2018

The GST council issued clarity on the confusion over the rates for solar power projects. While solar panels were classified under 5 per cent tax slab, industry had contested saying other...

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GST on recycled construction waste products to be reduced to 5 per cent

By : Sustainability ..., Dec 19, 2018

In a bid to promote reuse of debris generated by the construction industry, the government will soon reduce the Goods and Services Tax (GST) on products made from recycled demolition waste to...

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Discoms will have to pay Rs 2,000 cr to solar companies as GST claims

By : Sustainability ..., Nov 20, 2018

State power distribution companies (discoms) will have to shell out nearly Rs 2,000 crore as one-time compensation towards GST impact to solar power developers, according to rating agency Icra....

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