MNRE Proposes Basic Customs Duty on Imported Solar Cells and Modules
In a letter to the finance minister, the MNRE has requested the imposition of basic customs duty to encourage manufacturing of solar cells and modules in India
September 23, 2019
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The Minister of Power R.K. Singh has proposed that basic customs duty (BCD) be imposed on imported solar cells and modules from April 2021 in a letter to the finance minister of India. According to the letter, the Indian solar industry has become dependent on foreign photovoltaic (PV) cells and modules.
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