Tax on Electricity
There are two tax rate levied on electricity:
1. Electricity Duty @ 16% on bill amount.
2. Tax on Sale of electricity @ Rs.0.2604 per Unit (Kwh)
Bill amount consists of:
Energy Charges
Fixed Charges
Fuel Adjustment Charges
Regulatory Asset Charges
Wheeling Charges
We would like to suggest that electricity supply to be brought under GST with a rate of 5% without input tax credit. more