India will introduce a 40% basic customs duty on solar modules and 25% duty on cells as of April 2022 to cut the reliance on imports and expand the country’s PV manufacturing base.
Details of India’s proposed basic customs duty (BCD) on imported solar modules and cells are expected to be announced this week, according to a report in BusinessLine.
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.
