Is there a Case for Basic Customs Duty on Solar Inverters_

Is there a Case for Basic Customs Duty on Solar Inverters?

To combat the impact of COVID-19, the government has announced various measures, and chief of them was the “Aatmanirbhar Bharat” or self-reliant India. One of the main initiatives under this ...
/ / Mercom Research Focus, Other
MNRE Asks Solar Manufacturers for List of Goods for Exemption from Basic Customs Duty

MNRE Asks Solar Manufacturers for List of Goods for Exemption from Basic Customs Duty

The Ministry of New and Renewable Energy (MNRE) has issued a notification asking solar PV manufacturers and associations to provide the list of machinery and capital goods required for the ...
/ / Markets & Policy, Solar
Solar Association Asks Government to Defer Basic Customs Duty Imposition by 18 Months

Solar Association Asks Government to Defer Basic Customs Duty Imposition by 18 Months

The Solar Power Developer's Association (SPDA) requested the central government to reconsider its decision of imposing Basic Custom Duty (BCD) on solar cells and modules and postpone its implementation by ...
/ / Markets & Policy, Solar
Long-Term Basic Customs Duty Crucial for India’s Solar Sector_ Roundtable

Long-Term Basic Customs Duty Crucial for India’s Solar Sector: Roundtable

Mercom India held a webinar on August 4, 2020, to discuss the pressing issues and opportunities in the Indian renewable energy sector amid the COVID-19 pandemic. The roundtable discussed the ...
/ / Markets & Policy, Solar
India’s Solar Imports Plunged by 83% in Q2 2020

India’s Solar Imports Plunged by 83% in Q2 2020

Indian solar imports declined by 83% in the second quarter (Q2) of the calendar year (CY) 2020, totaling $69 million (₹5.15 billion) as compared to $399 million (₹29.7 billion) during ...
India’s Solar Imports Nosedive in Q1 2020 Amid Lockdown Due to COVID-19

India’s Solar Imports Nosedive in Q1 2020 Amid Lockdown Due to COVID-19

India’s solar imports fell by 77% year-over-year (YoY) in the first quarter (Q1) of the calendar year (CY) 2020 with $151 million (~₹10.8 billion) compared to $650 million (₹45.8 billion) ...
Impact of Basic Customs Duty on Solar Manufacturers Located in India’s SEZs

Impact of Basic Customs Duty on Solar Manufacturers Located in India’s SEZs

The Indian government has introduced several protectionist policies in the recent past to boost domestic manufacturing in the solar sector. Some of these measures include the anti-dumping duty, safeguard duty, ...
MNRE Asks Solar Manufacturers to List Items for Basic Customs Duty Exemption

MNRE Asks Solar Manufacturers to List Items for Basic Customs Duty Exemption

Amid ongoing confusion in the solar industry over the imposition of basic customs duty, the Ministry of New and Renewable Energy (MNRE) has issued a notification asking solar PV manufacturers ...
/ / Markets & Policy, Solar
No Basic Customs Duty to be Levied on Imported Solar Cells and Modules for Now

No Basic Customs Duty on Imported Solar Cells and Modules for Now

The basic customs duty on the import of solar cells and modules into the country will remain 'zero', for now, an official of the Ministry of Finance confirmed to Mercom ...
/ / Markets & Policy, Solar
Uncertainty Around Proposed Basic Customs Duty of 20% on Imported Solar Cells and Modules

Uncertainty Around Proposed Basic Customs Duty of 20% on Imported Solar Cells and Modules

In a surprising development, the government in an amendment has split the earlier tariff item 8541 40 11 (solar cells whether or not assembled in modules or panels) into two; ...
/ / Markets & Policy, Solar