Can Solar Developers Take Advantage of Duty-Free Period Ahead?

Although basic customs duty will be implemented from April 2022, the higher component prices are forcing developers to pay more for imports

July 6, 2021

/ Rahul Nair

/ Mercom Research Focus, Other

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Solar developers in India are facing two important dates – the safeguard duty (15%) set to end on July 29, 2021, and the basic customs duty (BCD) of 40% on solar modules and 25% on solar cells that starts from April 1, 2022.

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Rahul Nair

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Can Solar Developers Take Advantage of Duty-Free Period Ahead?

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