GST Reform

GST Reform in Coal Sector: A Step Towards AatmNirbharta

The Ministry of Coal has welcomed significant reforms from the 56th GST Council meeting, including the removal of the ₹400 per tonne GST Compensation Cess and an increase in the GST rate on coal from 5% to 18%. These changes aim to reduce the tax burden on coal pricing, enhance

GST Reform

GST on Renewable Energy Devices Rationalised to 5%

The GST Council has approved a reduction in GST rates for renewable energy devices from 12% to 5%, aimed at making clean energy more affordable. This reform is expected to lower costs for households, farmers, and industries, saving billions in power procurement and boosting domestic manufacturing. It is projected to