Import Duty On Solar Panels In India From China

The safeguard duty on solar imports from china and malaysia has produced mixed results on one hand market share of indian solar module suppliers a handful of them to be precise has more than. The indian government has extended import duties on chinese solar equipment until july 2021 to encourage local manufacturing. According to the budget documents the customs duty on solar cells and solar cells assembled in modules or made up into panels was reduced from 20 per cent to zero per cent.

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Solar cells and modules are currently exempt from basic customs duty bcd on imports.

Import duty on solar panels in india from china.

India had imposed safeguards duty of up to 25 per cent on solar cell imports from china and malaysia in july last year. The government on saturday announced removal of 20 per cent import duty on solar cells and panels in the budget with immediate effect. In a bid to encourage domestic manufacturing india will increase import duty on solar equipment down the value chain in the coming years power minister r k singh said on thursday. In what may substantially increase duty on solar equipment imports largely from countries such as china the director general of trade remedies dgtr in the commerce ministry has favoured continued imposition of safeguard duty on imports of solar cells whether or not assembled in modules or panels.

India imports 8 000 10 000 megawatts of solar modules each year of which close to 90 per cent is from china. India s federal commerce ministry said a 14 9 percent duty would be levied on solar equipment imports for six months beginning 30 july and it will remain in force until 28 january next year.

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