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 to meet the first target,Continue Reading
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 operate from special economic zones,Continue Reading
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 the safeguard duty, currently inContinue Reading
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 Vehicle (EV) enthusiasts, and notContinue Reading
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 8501). Items in this categoryContinue Reading
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 following the levy of GoodsContinue Reading
