- India’s GST Council may cut the tax on Small Modular Reactor (SMR) components from 18% to 5%.
- The move is intended to reduce project costs and support nuclear power expansion.
- It could also encourage greater private sector participation in the sector.
Source: a2ztaxcorp.net
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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