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BCD Increase on Solar Inverters to be Considered as Change in Law: Rajasthan Commission

The regulator directed SECI and DISCOMs to make monthly annuity payments

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The Rajasthan Electricity Regulatory Commission (RERC) has ruled that the increase in rates of basic customs duty (BCD) on import of solar inverters along with integrated Goods and Services Tax (GST) and Social Welfare Surcharge is a ‘Change in Law’ event as per Article 12 of Power Purchase Agreements (PPAs).

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