safeguard duty

Viz-A-Viz with Sir Ganesan Natarajan, Chairman | Topaz Solar Private Limited

Q. Please tell our readers more about Topaz solar and its services. Topaz Solar is promoted by me and Ms. Usha Natarajan in the year 2009. It became active since 2014 where we planned to foray into domestic solar market primarily Tamilnadu biz in mind due to aggressive Solar policy unveiled by then CM Jayalalitha. […]

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India’s Solar Additions Slowed by GST, Duty on China Imports, says UN Report

Developing economies, comprising India, China and Brazil, committed USD 177 billion to renewables last year, up 20%, compared to USD 103 billion for developed countries, down 19%, the report added. A UN report has said that the imposition of anti-dumping and safeguard duties on import of Chinese solar cells and modules and levy of Goods […]

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Amendment in Solar Bidding Norms Positive: ICRA Report

The MNRE amended the bidding norms for solar projects on April 3 2018, wherein the ‘change in law’ provision now applies to changes in taxation, duties and cess instead of change in taxation as applicable earlier. A report from credit rating agency ICRA says that, the latest amendment in the solar project bidding norms is […]

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Impose Safeguard Duty on Import of Solar Cells, says ISMA

The association has written to the Commerce Ministry favouring the Directorate General of Safeguards (DGS) recommendation of imposition of 70% duty on imports of solar PV cells and modules. The Indian Solar Manufacturers Association (ISMA) has demanded from the government for the imposition of safeguard duty on imports of solar cells and modules, saying it would be significant to […]

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Ending Anti-Dumping Probe Make India’s Path to Achieve Solar Goals More Clearer

The domestic industry has cited certain reasons for its request to terminate the probe. They have stated that post-initiation, the injury being suffered by the domestic producers on account of dumping has aggravated sharply. This week, the two biggest developments happened in the solar industry. The first one is the termination of anti-dumping investigation by […]

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Safeguard Duty Proposed on Solar Panel Imports for 200 Days

The preliminary findings dated January 5 have been submitted to the standing board on safeguards recommending imposition of provisional safeguard duty on the imports of solar cells whether or not assembled in modules or panels for a period of 200 days. In a significant development, the Directorate General of Safeguards (DGS) has recommended imposition of […]

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70% Safeguard Duty on Solar to Dampen Investor Sentiment: Par Panel

Custom Duty on Solar Cells/Modules/Panels should not be levied and they should continue to enjoy exemption from custom duty as before. Safeguard Duty should not be of the tune (70 per cent) that will hamper our own programme and it should not affect the bids which have already taken pace, panel has said. A Parliamentary […]

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High Court to Hear Petition on Solar Imports Duty Likely on February 13

The Madras High Court admitted Shapoorji Pallonji’s petition on January 19 and issued a temporary stay on the implementation of the recommendation. In a significant development, High Court has decided to hear the petition filed against the preliminary recommendation of the Director General (Safeguards) to impose 70 percent safeguard duty on imported solar panels and […]

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Domestic Manufacturers Hoping of a Favorable Budget 2018

Currently, importing machinery and manufacturing equipment incur a heavy duty, compared to the duty-free import of finished products like Solar PV modules. As the administration keeps on the significance of the expanded appropriation of the sustainable power source, the power area seeks after a truly necessary push to domestic equipment manufacturers in the current year’s Union Budget. […]

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