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CBIC Revokes Customs Duty Deferment on Imported Solar Modules in Warehouses

A few solar projects applied for permission which is generally offered for warehouses

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The Central Board of Indirect Taxes and Customs (CBIC) has revoked the permission granted to solar developers to warehouse imported solar modules to defer payment of the basic customs duty (BCD) on solar cells and modules effective from April 1, 2022.

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