Import Data Of Solar Panels In India
Basic customs duty bcd on the import of solar cells and modules was announced at 20 in the union budget for 2020 21.
Import data of solar panels in india. Customs import duty of solar pv panel in india customs import duty of solar pv panel under hs code 85414011 85414011. India both imports and exports solar panel hs code 85414011 but it more imports solar equipment than exports. Seair exim solutions provides complete details of solar panel imports in india. Infodriveindia covers solar panel import in india shipments in 180 ports in india and data is available with a backlog of just 3 days.
Photosensitive semi conductor devices including photovoltaic cells whether or not assembled in modules or made up into panels. Along with the india export import data infodriveindia also provides solar panel usa import data which is accurately gathered using bills of. Solar panel import data of india helps you to find the answers of the following questions easily. One of the major reasons for this scenario is that chinese solar panels are 10 20 cheaper than domestically manufactured solar modules and no manufacturer wants to willingly pay more.
Data is available online by email and on cd in ms excel. India produced 842 mw solar cells in 2017 18. Solar panel import data of india 2017 solar panel importers in india. The country s imports of solar panel increased by 39 and exports dropped to 56 between 2016 and 2017.
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. Solar cells whether or not assembled in modules or panels. Date hs code description origin country port of discharge unit quantity value inr per unit inr nov 22 2016. Infodriveindia provides latest solar panel import in india and statistics from india import shipment data from indian customs.
There has been a significant increase in imports of solar cells in absolute terms. 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. While the exemption on this duty remains in place the change has raised a lot of eyebrows throughout the solar sector as this could potentially impact solar tariffs adversely. Pv backsheet spe 35s 985mm x 100m for the manufacture of solar pv panel module 10244 sqmt 104 rolls.
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.