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GST on Renewable Energy Slashed to 5% to Accelerate Clean Transition

Solar, Wind, Hydrogen Vehicles and Batteries Get Relief Under GST 2.0 In a landmark decision aimed at boosting India’s clean energy transition, the Goods and Services Tax (GST) Council has announced a sweeping reduction in tax rates for renewable energy devices and components. The GST on renewable energy has been cut from 12% to just

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