India to levy 40% customs duties on imported solar modules from April 2022

The finance ministry has approved the proposal to levy the duty next year. Customs notification of the move will be issued at a later date.Solar modules and cells imported by India are set to attract basic customs duty of 40% and 25%, respectively, from April 2022, as the nation's finance ministry has given the green light to the proposal. India's Ministry of New and Renewable Energy (MNRE) today confirmed its proposal to impose the duties on cells and modules-with no "grandfathering" exceptions for projects which have already been tendered-had been agreed by the Ministry of Finance. Quoting ...

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