Chinese solar panels may cost more: Directorate suggests 70% safeguard duty

The DGS has not suggested any duty on the imports of these from the US and EU, citing low numbers

The Directorate General of Safeguards Duty (DGS), in its preliminary report investigating the dumping of solar cells, (whether or not assembled in modules or panels), has suggested a 70 per cent safeguards duty on imports from China. The DGS has identified ‘serious injury’ to the domestic industry caused due to increasing imports and declining prices of Chinese solar panels.

“I recommend that pending a final determination, considering the average cost of sales by the Domestic Industry arrived at on the basis of import quantity  ratio of solar cells and solar modules (confidential), a reasonable return on the cost of sales excluding