aisia
With Safeguard Duty Expiration A Day Away, Solar Bodies in a Huddle For Method Forward
The expiry of the Safeguard Duty was recognized, and yet, there is zero clearness on its extension or any other ways to maintain status once it ends tomorrow.
For the federal government, a zero duty period appropriate upto April 2022, when the new duty framework kicks in, seems like an unlikely choice. Expect an impromptu solution soon for residential manufacturers.
Jul 29, 2021 // Markets & Finance News, Policy, India, Asia, DGTR, aisia, BCD, ISMA, R.K Singh, SGD, NIMMA, SGD expiry
Producers want 50% basic custom-mades responsibility on solar imports
India imported solar cells and modules worth $1.3 billion from China in FY2019-20. Domestic manufacturers have demanded an equal opportunity to compete against cheaper imports.
Aug 21, 2020 // Manufacturing News, India, China, Asia, Hitesh Doshi, aisia
Indian solar association requires immediate implementation of 50% BCD
India must established right away a basic customizeds obligation (BCD) of a minimum of 50% on solar tools to safeguard the future of neighborhood suppliers, the chairman of trade body All India Solar Industries Association (AISIA) claimed.
Aug 21, 2020 // Markets & Finance News, Policy, India, China, pv modules, solar cells, Asia, tariffs, safeguard duty, basic customs duty, trade levy, Hitesh Doshi, aisia
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