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Enrich Energy receives applauds for resolving the GP tax assessment ambiguity

Enrich Energy receives applauds for resolving the GP tax assessment ambiguity

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Gram Panchayat Tax (GP tax) assessment in Maharashtra for Solar projects has been shrouded with ambiguity since there was no clear basis for its determination. This lead to assessing offices resorting to self-devised interpretations which often resulted in higher rates of tax demands ; Solar Developers were at loss either ways, by paying higher tax or face loss due to stoppage of plant.

Aggrieved by this, Enrich Energy along with our Park customers made representations to Government of Maharashtra, explaining the ordeal, followed by a series of representations to other authorities MEDA, Energy ministry & Gramvikas ministry.

A consensus was finally built and GoM and agencies agreed to resolve the matters in earnest. Accordingly on 2nd July 2018, a GR was released clarifying the inclusions, exclusions and rates, key aspects of which are: · GP Tax excluded for Rooftop Solar projects ·

Area under Solar panels is considered open land and not as area under RCC structure · Annual tax rate fixed @ Rs. 1.5 per 1000 sqm; no depreciation or Bharank applicable · Any excess tax paid will be adjusted Enrich thanks Govt. Of Maharashtra & other governing bodies for resolving a pertinent matter expeditiously.

 

Anand Gupta Editor - EQ Int'l Media Network

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