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Page 3 - Solar Modules

Finance ministry agrees to customs duty proposal on solar modules: MNRE

The Ministry of New & Renewable Energy (MNRE) has said that the finance ministry has agreed to its proposal to impose basic custom duty (BCD) of 40 per cent on solar modules and 20 per cent on solar cells from April 1, 2022. An office memorandum of the MNRE said the proposal "to impose BCD on solar cells and modules (without grandfathering of bid out projects) has been agreed to by the Ministry of Finance". According to the memorandum, the rate of BCD would be zero on solar modules as well as cells till March 31, 2022 and from April 1, 2022, the rate of BCD would be 40 per cent and 20 per cent, respectively. The ministry has directed to inform all RE (renewable energy) implementing agencies and other stakeholders to take note of the duty rates and to include provisions in their bid documents, so that bidders take these into account while quoting tariffs, in all bids where the last date of bid submission is subsequent to (issue of) this memorandum. It also stated that in all such

Finance ministry agrees to customs duty proposal on solar modules: MNRE
Updated On : 10 Mar 2021 | 7:43 PM IST

No customs duty on imported solar cells and modules, says ministry

There is already safeguard duty of 15 per cent levied on the imported solar cells and modules

No customs duty on imported solar cells and modules, says ministry
Updated On : 14 Feb 2020 | 1:44 AM IST

Solar modules stuck at Indian ports due to import duty dispute

The Indian unit of Germany's Enerparc had 30 of its containers stuck at Chennai for three weeks

Solar modules stuck at Indian ports due to import duty dispute
Updated On : 05 Jan 2018 | 8:57 PM IST