GST Exemption for Solar Power Electricity: YIS Power Solutions Ruling

In re YIS Power Solutions Pvt Ltd (GST AAR Kerala)

Introduction: In a recent ruling by the GST AAR Kerala, YIS Power Solutions Pvt Ltd sought clarification on the applicability of GST on electricity produced from solar panels. The ruling provides essential insights into the tax implications of such transactions. Let’s delve into the details to understand the impact on YIS Power Solutions’ operations.

Detailed Analysis:

1. Background: YIS Power Solutions Pvt Ltd, a private limited company focused on solar power generation, sought an advance ruling from the GST AAR Kerala. The company’s primary objective is to produce electricity from solar power panels and distribute it to institutional customers through the transmission lines of the Kerala State Electricity Board (KSEB).

Questions Raised: The applicant raised two critical questions:

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