Taxes

India taxes photovoltaic panels

On September 3, 2025, the 56th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, made a landmark decision: GST on solar goods and renewable energy equipment will be reduced from 12% to 5%. of Commerce has released its preliminary countervailing duty (CVD) amounts in an investigation on solar cell imports from India, Indonesia and Laos. 87% subsidy rate, Indonesia's general rate is 104. CVDs are placed on imports. . In India, the installation of solar panels across residential, commercial, and industrial sectors is accompanied by various tax benefits. This change is part of a sweeping tax reform simplifying India's GST structure into just. . However, one of the most discussed aspects of solar adoption in India is taxation, particularly the Goods and Services Tax (GST) on solar panels. Solar structure: They are not solar power-based or solar power-based devices.