The federal government has proposed 0% tax on parts of solar inverters, the Finance Bill 2023-24, which is available with ProPakistani, has revealed.
According to the document, this tax is applicable only to assemblers/manufacturers of solar inverters registered under the Sales Tax Act 1990.
Moreover, 0% tax on several other items including the control board, power board, charge controller board A/C, charge controller PV, DC board, LCD display, display board, AC input and output terminal, battery input terminals, PV terminals, casings (plastic/steel), circuit board for inverters, stuffed PCBs for inverters has been proposed.
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Well done. Solar plates should also be proposed in the same budget in view of the current electricity bills and load on the WAPDA.
bas awam ko bijli nahi deni khud se hi arrange karain apny lie bijli.
I don’t think there is any manufacturer of solar inverters in Pakistan. All major brands r either from China or Germany. So who is going to take tax free on parts of inverters. Why don’t they make inverters tax free like solar panels .???