India: New PV tax measures announced

Share

Under the changes, full exemption from basic customs duty has been applied to any "Toughened Glass" and "Silver Paste", which is imported for the manufacture of solar cells or solar modules. However manufacturers are required to declare that the components will only be used in PV systems.

Previously, when a complete module was imported from outside of India, it attracted no customs duty, which impacted on those looking to manufacture modules in India. With the changes, this is no longer the case, and both local PV module and cell manufacturers have welcomed the move.

Solar lanterns

The customs duty on solar lanterns, the most popular rural household item in India, has also been reduced, from ten percent to five percent. The modules in lanterns, however, do not carry any custom duty.

Furthermore, LED’s used for the manufacture of LED lights and light fixtures are exempt from the special duty of customs, leviable under Section 3(5) of the Customs Tariff Act, 1975. Consequently, the excise duty on LED’s has also been reduced to five percent.

It is expected that the new measures will make PV development in India more attractive.

Popular content

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Share

Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.