India Power Corporation Assistant General Manager Finance Interview Questions and Answers

GST has significant implications on the energy sector in India.

• GST has replaced multiple indirect taxes like excise duty, service tax, and VAT, resulting in a unified tax system.

• The energy sector is impacted by GST as it affects the cost of production and supply of energy products.

• GST rates for coal, lignite, and renewable energy equipment have been reduced to 5%, while other energy products are taxed at 18%.

• GST has al...read more