Duty on Export of Steel Expected to Bring Down Cost of Solar Module Mounting Structures
No duty has been imposed on the import of raw materials used in steel production
May 25, 2022
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The Ministry of Finance (Department of Revenue) has imposed a duty of 15% on the export of steel. The move is likely to bring down the prices of solar mounting structures, providing some relief to mounting structure manufacturers and solar project developers.
Rakesh Ranjan
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