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.

Import duty on solar panels in india from china. 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. India imports 8 000 10 000 megawatts of solar modules each year of which close to 90 per cent is from china. Solar cells and modules are currently exempt from basic customs duty bcd on imports. 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. 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.