Markets & Policy

India confirms one-year extension of solar cell import duty

The ‘safeguard’ duty will be levied on Chinese, Vietnamese and Thai solar cells – whether assembled into modules or not – at 14.9% from today and falling to 14.5% in six months’ time. Malaysian products are exempted as their imports have fallen dramatically since the duty was introduced, in July 2018.
Uma Gupta
By
Uma Gupta
The one-year duty decision has failed to satisfy domestic manufacturers who wanted a four-year extension. | Image: Captain Albert E. Theberge, NOAA Corps (ret.)/Wikimedia Commons

The Indian government has decided to follow the recommendation of its Directorate General of Trade Remedies by extending the safeguarding duty on solar cell imports by a year. 

The duty will be levied at 14.9% on cells imported from China, Vietnam and Thailand from today until January 29. After that, it will fall to 14.5% until July 29, according to a Finance Ministry notification.

For the full story, please visit our pv magazine India site.

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