Solar industry demands urgent clarity on rate of GST on projects The problem has genesis in the fact that concessional GST rate of 5% applies to solar power generating system, but solar power generating systems (SPGS) are is not defined in the law.
The HSN codes help exporters and importers in India to know product classification code to use various government and non government agencies in India. Use our online GST Tax Rate Calculator to find the tax rate levied on the particular product. The GST rate percentage for LED lights or fixtures including LED lamps is fixed at the rate of 12.
There are more than 12000 line items for which HSN codes have been adopted and different rates have been prescribed under the GST regime in India. The system will automatically pick up the GST rate based on HSN codes, so every person should take utmost care in declaring list of goods they deal into at the time of enrollment or registration.
Description :Supply, Installation and commissioning of Solar Street Light system 15 W LED with dusk down facility complete set consisting of solar module 12V/75 Wp, Battery 12V/75AH Exide make, 15W LED luminary, Battery box, connecting wires module mounting structure and 5 Mtrs high tubular pole. Details technical specification is attached as ...
UPS/Solar Inverter: 85044090 Static converters: Electric inverter: 85044010 BATTERY TYPE: HS CODES Lead-acid, of a kind used for starting Piston engines: 85071000 Other lead-acid accumulators: 85072000 Nickel-cadmium: 85073000 Nickel-iron: 8507400...
It contains almost 5000 commodity groups which is being identified by a six digit code. Each group is assigned in a most scientific way along with product description for uniform classification. HSN code is designed and introduced by World Customs Organization (WCO) which is being used by more than 200 countries worldwide including India.
HSN Code is Harmonised System Nomenclature. In easy language, it is the serial number of different items, goods and services in Goods and Services Tax (GST).. HSN Code is important for GST Registration, Migration and Enrolment as it is required to be compulsory given for all the different items a business manufactures, trades or retails.
VINAY DUBEY: On 25 March 2017 We are supplier & "A" Class govt. Regd. contractor we required HSN Code for Electrical fitting and spares part to registered with GST. 01. Street Light electrical fitting, St. Light G.I Pole, Power cables, Ceiling fans, Switchgears (M.C.B., D.B, MCCB), Internal Light Fitting & Lamps.
Our solar street light import data solutions meet your actual import requirements in quality, volume, seasonality, and geography. Alongside we help you get detailed information on the vital import fields that encompass HS codes, product description, duty, quantity, price etc.
The schedule of GST for the solar sector and its impact has been studied and discussed by multiple companies and individuals. However, we are here to discuss the basics of GST specifically in the Rooftop Solar Sector and our interpretation of the bill and finally the impact it will finally have on the project cost.
The rate of GST on LED lights or fixtures including LED lamps fixed by GST council at the introduction of GST in July, 2017 is 12%. LED lights or fixtures including LED lamps falls under HSN chapter number 9405. This details about GST rate tariff on LED lights or fixtures including LED lamps is only for information.
The Products Solar Lanternslamp Etc are categorized by the Code 94055040 under HSN (Harmonised System of Nomenclature) for Goods and Service Tax classification. These codes are mandatory mapping/classification of goods that need to be used by a taxpayer.
Working of Solar Street Light. A Battery based Solar Street is a stand alone system, will store electricity from Solar Panels .Solar street lights are powered by photovoltaic panels generally mounted on the lighting structure or integrated in the pole itself. The photovoltaic panels charge a battery, which powers LED lamps during the night.
Find GST HSN Codes with Tax Rates . Here you can search HS Code of all products, we have curated list of available HS code with GST website. The procedure to find HS Code with tax rate is very simple. In above box you need to type discription of product/service or HS Code and a list of all products with codes and tax rates will be displayed.