Import tax to be levied on solar modules, cells from April 2022

The government plans to levy a customs duty of 40 per cent on solar modules and 25 per cent on solar cells from April 2022.

India does not currently levy a customs duty on imports of solar cells and modules, but has a safeguard duty to protect its local industry which expires in July. There will be no grandfathering of power projects that are already bid out, considering the one-year period is sufficient to help developers secure the required raw materials in time.

GET ACCESS TO OUR ARTICLES

Enter your email address

Share your work e-mail and access a free 3 month digital subscription to Power Line Magazine