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GST Bill Approved

The Lok Sabha has unanimously passed a constitution amendment bill that enables mega reform Goods and Services Tax Bill or GST. The bill will now be sent to state assemblies for ratification. The GST law seeks to subsume all central and state levies. The impact of GST on wind power is being analysed by the experts in detail. However the preliminary observations say an 11-15 per cent jump in the cost of setting up wind energy projects.

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