Mercom Insider

Impact of Basic Customs Duty on Solar Cells and Modules: Winners and Losers

If the exemption on basic customs duty is lifted after safeguard duty expires, solar tariffs could rise as much as ₹0.25/kWh

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Basic customs duty (BCD) on the import of solar cells and modules was announced at 20% in the Union Budget for 2020-21. While the exemption on this duty remains in place, the change has raised a lot of eyebrows throughout the solar sector, as this could potentially impact solar tariffs adversely.

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