"There is no question of ambiguity on this. It has been made very clear that 5 per cent GST will be applicable on solar equipment. If they (equipment makers) still have issues with it, it is very sad and we cannot do anything," Goyal, who was in the megapolis, told PTI over the weekend.
The industry has claimed that though the government has said GST would be applied to solar modules at a concessional rate of 5 per cent, there is still no clarity on whether it will be extended to other equipment as well. "The Goods and Services Tax was introduced to bring in more clarity and transparency in the system. I think our stand is very clear in this," he said.
Goyal further said the ambitious plan of increasing solar capacity to 100 GW by 2020 and promoting solar products would boost small and medium enterprises.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
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