India had imposed safeguards duty of up to 25 per cent on solar cell imports from china and malaysia in july last year.
Import duty on solar panels in india from china.
In a bid to encourage domestic manufacturing india will increase import duty on solar equipment down the value chain in the coming years power minister r k singh said on thursday.
The safeguard duty on solar imports from china and malaysia has produced mixed results on one hand market share of indian solar module suppliers a handful of them to be precise has more than.
India s federal commerce ministry said a 14 9 percent duty would be levied on solar equipment imports for six months beginning 30 july and it will remain in force until 28 january next year.
According to the budget documents the customs duty on solar cells and solar cells assembled in modules or made up into panels was reduced from 20 per cent to zero per cent.
In what may substantially increase duty on solar equipment imports largely from countries such as china the director general of trade remedies dgtr in the commerce ministry has favoured continued imposition of safeguard duty on imports of solar cells whether or not assembled in modules or panels.
Solar cells and modules are currently exempt from basic customs duty bcd on imports.