2025-09-05 12:39:05 pm | Source: CareEdge Ratings
Perspective on GST 2.0 by Mr. Sabyasachi Majumdar, Senior Director, CareEdge Ratings
Below the Perspective on GST 2.0 by Mr. Sabyasachi Majumdar, Senior Director, CareEdge Ratings
“The GST on coal has been increased from 5% to 18%. However, the impact of the same is partly offset by removal of GST compensation cess of Rs. 400/MT. For the thermal power sector using relatively low calorific value coal (less than 4000 Kcal/kg), where prices are typically lower than Rs. 3000/MT, the overall impact will be lower tax incidence and a marginal reduction in costs and hence cost of generation. However, for industrial users using a higher calorific value coal and higher priced coal, there is likely to be a net increase in tax incidence and costs.”
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