Importing Solar Panels Into India

The economic times newspaper has reported the indian government is considering levying a basic customs duty of 20 25 on imported solar panels from august with the tax to rise to 40 within a year.

Importing solar panels into india.

The government on saturday announced removal of 20 per cent import duty on solar cells and panels in the budget with immediate effect 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. But in case of chinese panel you will not get tha. Along with the india export import data infodriveindia also provides solar panel usa import data which is accurately gathered using bills of. Solar cells would attract 15 customs duty from august the times reported quoting minister for new and renewable energy rk singh with that figure to rise to 30.

We have around 1200 factories in india to manufacture solar panels. Infodriveindia covers solar panel export from india shipments in 180 ports in india and export data is available with a backlog of just 3 days. India both imports and exports solar panel hs code 85414011 but it more imports solar equipment than exports the country s imports of solar panel increased by 39 and exports dropped to 56 between 2016 and 2017. It is now bound to hike solar power tariffs in india since around 90 of panels the sector uses are made in china and malaysia.

Infodriveindia provides latest solar panel export import data and directory of solar panel exporters solar panel importers solar panel buyers solar panel suppliers manufacturers compiled from actual shipment data from indian customs and us customs. There is a delay in the procurement which will cause further delays in our commissioning deadlines said sanjeev. In july last year india had imposed a safeguard duty on imports of solar cells from china and malaysia for two years to protect domestic players from steep rise in inbound shipments of the product. The tariffs on chinese made solar panels range from 100 to 110.

About 90 of solar modules and panels used in indian solar projects are imported from china and malaysia. Canton fair phase 1. Allaying fears that any hike in import duty may increase solar energy tariff bidding rate he assured that it will not impact solar energy bidding process in india. We deliver data online by email and by cd in excel.

Infodriveindia provides latest solar panel export from india and statistics from actual shipment data from indian customs. Visiting a trade fair is a cost efficient way to meet industry leading suppliers and compare products and pricing. If you intend to import solar panels from china then these are the trade fairs for you. Solar panel import data of india 2017 solar panel importers in india 09 march 2018.

The coronavirus outbreak is upsetting the schedule of solar energy projects as procurement of modules and panels from china is being delayed developers said. Don t import procure from india.