According to Union Power Minister R K Singh, there are “no intentions” to alter the basic customs duty (BCD) paid on solar modules and cells. “I don’t want any ChineseContinue Reading
The Ministry of New and Renewable Energy (MNRE) has announced the basic customs duty (BCD) on imported solar cells and modules starting April 1, 2022. The BCD on solar modulesContinue Reading
The basic customs duty on solar imports from China, which was supposed to be implemented from August 1, will be delayed for another two to three weeks, per an industryContinue Reading
The government proposes to bring in 20-25 per cent basic customs duty (BCD) on imported modules, increasing it to 40 per cent next year; for cells it will be 15Continue Reading
Ministry of new and renewable energy (MNRE) has decided to give custom and excise duty benefits for ensuring high growth in solar rooftop sector. In its order dated 11 AprilContinue Reading
The Directorate of Revenue Intelligence (DRI) is investigating several solar companies for potentially avoiding customs duty on imported parts for solar panels. The probe is in connection with underpayment ofContinue Reading
There have been ongoing speculations about Tesla, entering the Indian market. In order to make its entry easier into India’s growing electric vehicle market, Tesla has suggested a reduction inContinue Reading
In what will make solar cells, modules and inverters imported from China expensive, India is set to impose a basic customs duty as soon as the safeguard duty, currently inContinue Reading
