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Articles for Bcd, search results for modules

Centre extends timeline for solar projects’ completion
1 year, 10 months ago

Centre extends timeline for solar projects’ completion

Live Mint  

NEW DELHI: In a bid to provide relief to solar power projects stuck amid a shortage of modules, the Centre has extended the deadline for completion of projects for which bids were finalized before the announcement of the basic customs duty on modules. On 9 March, 2021, the Centre announced that from 1 April, 2022 imported solar PV modules would …

Duty Centre Bcd Solar Projects Modules 9 March
Hike In GST Rate On Renewable Energy Devices, Imposition of Basic Customs Duty On Cells To Be Treated As Change In Law: MNRE
2 years, 2 months ago

Hike In GST Rate On Renewable Energy Devices, Imposition of Basic Customs Duty On Cells To Be Treated As Change In Law: MNRE

Live Law  

The Ministry of New & Renewable Energy has issued a circular stating that the increase in the rate of GST on renewable energy devices and the imposition of Basic Customs Duty on cells and modules would be treated as changes in the law.BCD at the rate of 25% has been imposed on imports of solar PV cells and BCD at …

Law Energy Solar Rate Renewable Cells Gst
Union Budget 2022 | What is cheaper and what is costlier?
2 years, 10 months ago

Union Budget 2022 | What is cheaper and what is costlier?

The Hindu  

The government on Tuesday proposed to increase the basic customs duty on import of commonly used items, including headphones and earphones, loudspeakers, smart meters, imitation jewellery, solar cells, solar modules to promote domestic manufacturing in the in the Union Budget for 2022-23. However, imported cut and polished diamonds, frozen mussels, frozen squids, asafoetida, cocoa beans, methyl alcohol and acetic acid …

Msme Bcd Customs Duty Union Budget
The dark side of India’s solar gamble
3 years, 8 months ago

The dark side of India’s solar gamble

Live Mint  

SINGAPORE/CHENNAI : In December, news reports indicated that the ministry of new and renewable energy had proposed a 20% basic customs duty on solar module and cell imports. According to a 2017 World Intellectual Property Organisation working paper, China’s share of global manufacturing capacity in the different segments of solar energy generation was 81% in ingots, 84% in wafers, 66% …

India Energy China Industry Chennai Manufacturing Indian
Solar power firms rush to complete projects before duty hike
3 years, 9 months ago

Solar power firms rush to complete projects before duty hike

Live Mint  

Solar power producers are staring at a sharp escalation in costs of projects under construction if they fail to complete them before the government imposes a basic customs duty on imported solar photovoltaic cells and modules from next year. Power producers will, however, be forced to rush to finish projects within deadlines with imported equipment to keep costs under control …

India Projects Solar Bcd Duty Hike