The solar industry is relieved by the recent likely decision of the GST council in India to levy only 5% tax on solar panels instead of 18% proposed earlier. This could mean only a marginal rise in solar power projects costs.
<< UPDATE: Meanwhile, the GST was lowered to 5% instead of 18%. >> The Indian government is planning on an 18% tax for solar cells and modules as part of the new Goods and Service Tax (GST) Bill. However, this number is considered bewildering by many and is highly discussed. The final tax might eventually be an entirely different one.