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Solar Industry Weighs in on the Basic Customs Duty Implications

BCD will not only boost Indian solar manufacturing but also push the project costs skywards

March 19, 2021

/ Rahul Nair
/ Markets & Policy, Solar
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The Ministry of New and Renewable Energy (MNRE) recently imposed a basic customs duty (BCD) of 40% on solar modules and 25% on solar cells, starting April 1, 2022.

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Rahul Nair

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