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- W3044094673 abstract "The study has attempts to understand the implication of GST on power sector in reference to India. The author found that there are some segments of power sector which has undoubtedly benefited but the other have not after implementation of GST. The thermal power has been benefited due to decrease in taxes on coal where as the costs of turbines, boiler and generator equipment have increased the cost of establishing a thermal power projects. Further the GST has a negatively impacted the wind energy due to the increase in capital cost, higher tax rates on wind turbine generator. The cost of electricity for distribution have been reduced which will help them in reducing losses which are persisting over many years. The author suggests that India should focus on the renewable sources of energy such as solar power, hydro and bio-gas instead of non-renewable sources of energy such as thermal. Due to depletion of fossil fuels, solar or hydro power will be the future of India energy. Therefore the government should also decrease the tax on turbines, solar panels etc which are used in establishing solar plants and hydro power." @default.
- W3044094673 created "2020-07-29" @default.
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- W3044094673 date "2017-01-01" @default.
- W3044094673 modified "2023-09-23" @default.
- W3044094673 title "GST: Impact on Power Sector" @default.
- W3044094673 doi "https://doi.org/10.2139/ssrn.3081119" @default.
- W3044094673 hasPublicationYear "2017" @default.
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