Green GST 2.0: Can 5% Tax Rates Decarbonize the Indian Economy?
Incentivizing the Industrial Transition India’s GST Council has reduced the GST on renewable energy equipment — including solar modules, wind turbines, and related green tech — from 12% to 5%. It has also cut tax on electrolysers and green hydrogen production equipment to 5%, a move expected to bring down the cost of green hydrogen…
