GST on Solar Plant
X X X X Extracts X X X X
X X X X Extracts X X X X
....ST on Solar Plant<br> Query (Issue) Started By: - Ethirajan Parthasarathy Dated:- 19-11-2024 Last Reply Date:- 25-11-2024 Goods and Services Tax - GST<br>Got 4 Replies<br>GST<br>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 GS....
X X X X Extracts X X X X
X X X X Extracts X X X X
....T 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 r....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ate 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 ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....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? Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: Why the same query was repeated? Reply By RaamSrinivasan Kalpathi: The Reply: The supply of solar plant and lease of land is NOT a composite supply for th....
X X X X Extracts X X X X
X X X X Extracts X X X X
....e simple reason that these are not naturally bundled. My suggestion would be to raise a separate supply invoice for solar plant @12% and a separate lease supply invoice at 18%. Reply By Shilpi Jain: The Reply: See if this can be regarded as a going concern sale. Further facts are required to conclude on this. If a going concern sale then no GST will be liable. Reply By Ethirajan Parthasarathy: ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....The Reply: Thank you experts<br> Discussion Forum - Knowledge Sharing ....