Electricity under GST

[Guest]

Whether power is exempted under GST or taxable?

[Nash Industries I Pvt Ltd]

Commodity wise tax rates are yet to be notified.

[DR.MARIAPPAN GOVINDARAJAN]

We have to await till the final law comes.

AI Summary

GST treatment of electricity remains undecided as rates are not yet notified and await final legislation. Whether electricity is exempt or taxable under GST is unresolved: commodity-specific tax rates for electricity have not been notified, and definitive treatment must await the final GST law and its notifications, leaving classification and levy of GST on electricity subject to official determination.