basic customs duty

November 12, 2020
India’s government has agreed on a financing package that includes INR 45 billion (US$603 million) of investment over five years to support the domestic development of high-efficiency PV modules.
October 6, 2020
State-owned companies in India could be tasked with establishing polysilicon manufacturing facilities to help make domestic solar manufacturing more competitive, reports have claimed.
August 21, 2020
India should put in place immediately a basic customs duty (BCD) of at least 50% on solar equipment to safeguard the future of local manufacturers, the chairman of trade body All India Solar Industries Association (AISIA) said.
August 17, 2020
India is looking to set up a range of new production zones to manufacture solar equipment, according to local reports.
July 30, 2020
The Indian government has extended its safeguard duty on solar equipment for one more year, effective today.
July 23, 2020
The threat of a double taxation of solar in India via both safeguard and basic custom duties could squeeze developers and result in large numbers of project cancellations, consultancy Fitch Solutions has warned.
July 3, 2020
Two senior figures from Indian solar manufacturing companies have said government proposals to boost the country’s domestic PV industry through duties on imported equipment do not go far enough.
July 1, 2020
Solar projects in India with power purchase agreements signed prior to 1 August 2020 will be exempt from steeper customs duties on Chinese component imports, the country’s power minister has confirmed.
June 24, 2020
India is set to impose a 20% levy on imported solar modules, cells and inverters from August, replacing the current safeguard duty.

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