VAT removal from system loss charge may take effect next month – ERC
Economy

VAT removal from system loss charge may take effect next month – ERC

The removal of value-added tax (VAT) on the widely unpopular system loss charge by electricity distributors may take effect as early as next month, the Energy Regulatory Commission (ERC) announced. This charge is intended to recover electricity losses during transmission and distribution, and has been a source of public dissatisfaction.

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