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Solar-like duty structure for wind sector to check Chinese importsBy : Sustainability ..., Aug 4, 2020
Following curbs on import concessions in... Read more.. |
Domestic players at SEZs raise concern over govt plan to impose basic customs duty on solar cellBy : Sustainability ..., Jun 8, 2020
Domestic solar cell and module makers located at the special economic zones (SEZs) have raised concerns over the government's plan to impose basic customs duty (BCD) on these equipment, saying it would raise their overall product cost on domestic sales. Noting that the... Read more.. |
Basic customs duty on solar modules being planned: MNRE secyBy : Sustainability ..., Apr 20, 2020
To incentivise domestic manufacturing of solar modules and cells, the government is planning to introduce a basic customs duty (BCD) on import of equipment for the sector. The idea is to start with a small duty and gradually raise it to 20%, so that local solar power... Read more.. |
MNRE reduces effective custom duty back to zero after increment in BudgetBy : Sustainability ..., Feb 14, 2020
Following the Union Budget announcement that photovoltaic (PV) cells and modules would now incur customs duty, the Ministry of New and Renewable Energy (MNRE) clarified that the effective basic custom duty would be zero. The Budget had a provision that levied a 20 per cent... Read more.. Subject Tags: custom duty , Ministry of New & Renewable Energy (MNRE) , solar cells , solar PV module |
Budget 2020 proposes hike in EV import duty to promote domestic manufacturingBy : Sustainability ..., Feb 3, 2020
The Union Budget on Saturday proposed to increase customs duty on import of electric vehicles across categories. The increase in basic customs duty is in the ranges of 10-40 percentage points across EV segment, and comes in the backdrop of Chinese manufacturers dumping low-... Read more.. |
Central Board of Indirect Taxes and Customs clarifies imported solar equipment won’t attract customs dutyBy : sustainabilityo..., Apr 10, 2018
Much to the relief of solar project developers, the Central Board of Indirect Taxes and Customs (CBITC) has clarified that the bulk of imported solar panels and modules will not attract customs... Read more.. |