To Boost Renewable Energy Sector, Regulatory Changes Are A Must (Budget 2021)…
The government of India has set a massive target of achieving 175 GW in renewable energy capacity by 2022. With just one year to go...
Tag : Customs duty
‘Equalization Levy’ On Imports Of Solar Panels From SEZs Soon…
India’s plan to levy a customs duty on solar panels will be framed in a way that it does not severely hit domestic companies who...
India To Impose 20% Duty On Chinese RE Equipment Imports
In what will make solar cells, modules and inverters imported from China expensive, India is set to impose a basic customs duty as soon as...
Budget 2020: Electric Vehicle Adoption, Looks A Far Cry…
Despite the government’s constant stress on a cleaner and greener environment, the Union Budget had very little to put smiles on the faces of Electric...
Imported Solar Panels have been Exempted from Duty
In September 2016, Central Board of Indirect Taxes and Customs (CBITC) had classified solar panels as “electrical motors and generators” under the Customs Act (HS Code...
Indian Tax Structure is Badly Hurting the Solar Power Dream
As India focuses on installation of 175 Gigawatt of renewable energy by 2022, power purchase cost is expected to rise as solar modules becomes costlier...