customs-duty

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New EV Policy Pushes Global Players to ‘Build in India’

The government, in a bid to promote India as a manufacturing destination for electric vehicles (EVs), is offering international manufacturers a reduced customs duty rate...

March 15, 2024

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Arshreet Singh

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Electric Vehicles
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Relief for Solar Developer Against Retrospective Denial of Concessional Import Duty

The Delhi High Court has granted a solar developer interim protection against the retrospective denial of a concessional rate of duty on imports for a 600 MW solar power...

December 23, 2022

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Rakesh Ranjan

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Markets & Policy

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Solar
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Safeguard, Anti-Dumping, and Customs Duty Part of Change in Law Clause for Solar Tenders

Gujarat Electricity Regulatory Commission (GERC) has allowed Gujarat Urja Vikas Nigam (GUVNL) to incorporate the introduction, modification, or changes in rates of...

May 30, 2022

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Arjun Joshi

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Markets & Policy

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Solar
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CERC Directs Solar Developer to Approach SECI for ‘Change in Law’ Claims

The Central Electricity Regulatory Commission (CERC) recently directed a solar project developer and the subsidiaries to approach Solar Energy Corporation of India...

December 21, 2021

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Rakesh Ranjan

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Markets & Policy

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Solar
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How Policy Flip Flops Hamper Growth of Solar Sector

India has set some lofty targets for renewable energy, including 175 GW of renewables by 2022 (100 GW from Solar) 450 GW of renewables by 2030 (unofficial). India is...

March 30, 2021

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Rahul Nair

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Markets & Policy

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Solar
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Basic Customs Duty of 25% on Solar Cells and 40% on Modules to Take Effect from April 2022

The Ministry of New and Renewable Energy (MNRE) has announced the basic customs duty (BCD) on imported solar cells and modules starting April 1, 2022. The BCD on solar...

March 9, 2021

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Raj Prabhu

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Markets & Policy

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Solar
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MNRE Stops Processing Concessional Customs Duty Certificates for Solar Projects

The Ministry of New and Renewable Energy (MNRE) has stopped processing all applications seeking concessional customs duty certificates for setting up solar power...

March 1, 2021

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Rakesh Ranjan

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Markets & Policy

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Solar
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Is Customs Duty Hike Sufficient to Incentivize Domestic Manufacture of Solar Inverters?

In the Budget 2021, the Finance Minister proposed to raise the customs duty on solar inverters from 5% to 20% and on solar lanterns from 5% to 15% to encourage domestic...

February 15, 2021

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Rahul Nair

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Mercom Research Focus

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Other
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There is Not a Lot for the EV Sector in Budget 2020

Budget 2020 has failed to meet the expectations of the electric vehicle (EV) segment of the country. The segment’s stakeholders were expecting more measures from the...

February 5, 2020

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Rakesh Ranjan

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Electric Vehicles

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Grid
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Budget 2020: For Renewable Energy, “The Devil is in the Detail”

On February 1, 2020, when Finance Minister (FM) Nirmala Sitharaman announced the Budget for the financial year (FY) 2020-21, with a budget allocation ₹220 billion (~$3....

February 4, 2020

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Anjana Parikh

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Markets & Policy

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Solar
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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...

February 3, 2020

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Priya Sanjay

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Markets & Policy

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Solar
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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...

February 1, 2020

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Priya Sanjay

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Markets & Policy

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Solar
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MNRE Proposes Basic Customs Duty on Imported Solar Cells and Modules

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...

September 23, 2019

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shaurya

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Markets & Policy

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Solar
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10 Drivers of EV Market in India

The Indian government launched the National E-Mobility Program in March 2018 to achieve 100 percent e-mobility by 2030. Since then, the country has taken several policy...

April 18, 2019

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Nitin Kabeer

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Mercom Research Focus

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Other
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Government Proposes Customs Duty Hike on EV Parts to Incentivize Domestic Manufacturing

The Indian government recently notified the implementation of ‘Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)’ with a...

March 22, 2019

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Nitin Kabeer

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Electric Vehicles

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Market & Policy

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