The government issued an extra-ordinary gadget notification from ministry of law and justice (notification copy attached) in which on pg no. 58-59 and clause no. 102-103, it’s now notified that if there is any countervailing duty , safeguard duty and anti dumping duty applicable on the import of any item, then that part of the […]
Minister of State for Power and New and Renewable Energy R K Singh has said, India is going to replace the safeguard duty with the custom duty to protect the local manufacturers of solar equipment. He said, some countries are dumping solar equipment at very low prices in our country to destroy local manufacturers. Talking […]
Petition of M/s Atnu Solar Private Limited (Jalna) for approval of “Change in Law” and mechanism for grant of an appropriate adjustment/ compensation to offset financial/ commercial impact of change in law events on account of imposition of safeguard duty on solar cells/modules. For more information please see below link:
A duty of 14.9 per cent will be levied on such imports for six months from July 30, 2020 to January 28, 2021 while the duty will be slightly lesser at 14.5 per cent in the following six months, an official notification issued on Wednesday said New Delhi: The government has extended the safeguard duty […]
India Continues SGD on Solar Imports till July 2021 End….14.9% till Jan 2021 and 14.5% till Jul 2021 For more information please see below link: EQ Webinar on BCD / SGD Effect on India’s Solar Industry on July 31st…Register Now ! We at EQ Int’l is happy to present Webinar on BCD / SGD […]
Solar manufacturers, however, believe that the two together —safeguard duty and BCD — may get introduced from August 1, though the rate of BCD could be much lower than the 20% proposed initially. The Directorate General of Trade Remedies (DGTR) has recommended extending the safeguard duty on solar panels and cells, scheduled to expire […]
Many developers had expected basic customs duty (BCD) to replace safeguard duty at the end of this month. Power and renewable energy minister RK Singh recently told stakeholders that BCD of 20-25 per cent on solar equipment would be imposed in August New Delhi | Bengaluru: Domestic solar manufacturers have welcomed the move to extend […]
New Delhi : India may continue with the safeguard duty on solar cells imported from China, Thailand and Vietnam for one year period eective July 31. However, other developing countries including Malaysia and Indonesia are exempt from the duty, the Directorate General of Trade Remedies (DGTR) said in its nalndings of review investigation for continued […]
New Delhi: The government has proposed to end customs duty exemption for solar cells and module imports as it looks to boost domestic manufacturing and check large scale procurement of solar generation equipment from China. Power and renewable energy minister R.K. Singh said on Thursday that the ministry has proposed 20-25 per cent basic customs […]