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Nov 19, 2023Solar Panels About to Get Much Cheaper as Govt Unveils Big Relief in Budget 2023
The federal government has proposed 0% tax on parts of solar PV modules panels manufacturing, machinery, and equipment, the Finance Bill 2023-24, which is available with ProPakistani, has revealed.
According to the document, 0% tax has been proposed on sun simulator, glass lifter, tabber stringer, hi-speed layup station with ROBOT, motorized visual inspection, buffer before bussing, multi-station for bussing, centering conveyor with visual inspection, fully automatic or semi-automatic laminator with centering, loading, and unloading.
0% tax has also been proposed on automatic inline framing machine, automatic silicon dispenser, direction changer with 90-degree rotator, centering conveyor for sun simulator, hi-pot test equipment, electroluminescence (EL) tester, motorized conveyor, EVA/black sheet cutting machine, ribbon cutting and bending machine, lab test equipment, conveyor belt, laser cutting machine for cell, and cell sorting machine and tester.
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Very good!
Who is going to invest in these conditions
PM day babo. Only personal benefits here
O Bai, installing solar panels on top of your roof is not investing. Next you are going to call unclogging your drain as investment
Good move by current govt. Beneficial for Pakistan
Yeah right. Solar panels are only being imported by Salman Shahbaz. Just another way of making money for the Sharif family. Top level crooks….
We also need focus on agriculture and food safety and Lowee prices
What sort of article is this. Do your research first! Government has made duty free import on raw materials for Solar systems which does not help the home consumers. For one, there is no mention on the sales tax which is imposed on the import of these and secondly, home consumers looking for net metering will still need to use imported panels and inverters which does not fall into raw material since the requirement for net metering is that you need a tier 1 solar panels to be eligible to apply for net metering which none of the Pakistani companies have license for so either relax the net metering rules or stop feeding BS to people.