GST on Solar Plant

[Ethirajan Parthasarathy]

Dear All

One of my clients wants to transfer the solar plant under “as is where is” basis which was assembled at his land few years back. Materials used for assembling were subject to various rates of GST. At what rate GST is to be charged? He will lease out the land to the buyer.

Can we treat this as composite sale, thus attracting GST @12% which is applicable to solar panel being principal supply?

Dear All

One of my clients wants to transfer the solar plant under “as is where is” basis which was assembled at his land few years back. Materials used for assembling were subject to various rates of GST. At what rate GST is to be charged? He will lease out the land to the buyer.

Can we treat this as composite sale, thus attracting GST @12% which is applicable to solar panel being principal supply?

Dear All

One of my clients wants to transfer the solar plant under “as is where is” basis which was assembled at his land few years back. Materials used for assembling were subject to various rates of GST. At what rate GST is to be charged? He will lease out the land to the buyer.

Can we treat this as composite sale, thus attracting GST @12% which is applicable to solar panel being principal supply?

AI Summary

GST Dilemma: Solar Plant Transfer and Land Lease - Separate Invoices or Going Concern Exemption? A client intends to transfer a solar plant on an 'as is where is' basis, with the land leased to the buyer. The query concerns the applicable GST rate, considering the materials used were taxed at varied rates. One expert suggests the transaction isn't a composite supply, recommending separate invoices: 12% GST for the solar plant and 18% for the land lease. Another expert proposes considering it as a going concern sale, which might exempt it from GST. The original poster thanks the experts for their insights.