• Registered Users :
  • 159476
  • Current Active Users :
  • 101232

News CUSTOMS

  • Jun 26, 2020
  • Government steps up efforts to cut solar panel imports from China, proposes 20-25% customs duty

    To curb imports of solar panels, the Ministry of New and Renewable Energy (MNRE) has proposed to levy 20-25% basic customs duty, Union power minister RK Singh said. For solar cells, the domestic manufacturing capacity of which is lower, the duty will be 15%, he added. The duty on panels will progressively be increased to 40%.
    The duties are expected to be levied right after the safeguard duty regime on these products ends on July 31.

    The levying of the duty is aimed at reducing imports from China, which continues to be the largest supplier of solar equipment to India even after imposition of the safeguard duty in July 2018.
    The government in July 2018 had imposed a 25% safeguard duty on import of solar cells from China, Malaysia and developed countries.