Govt. Clarifies Fiscal Benefits For Solar Installations In SEZs, Empowers Developers Updated On Fri, Jun 28th, 2024 by Saurenergy The Export Promotion Council for Export-Oriented Units (EoUs) and Special Economic Zones (SEZs), functioning under the Commerce Ministry, has provided clarifications to developers seeking to procure or import solar panels with fiscal benefits. The Ministry notified SEZ developers that they can establish non-conventional power plants as part of the infrastructure, eligible for fiscal benefits during […] Read more
India Imposes 25% Safeguard Duty on Solar Imports Updated On Tue, Jul 31st, 2018 by Saurenergy Finance ministry has imposed a safeguard duty of 25 percent on the imports from July 30, 2018 to July 29, 2019 and a gradually reduced rate of 20 percent from July 30, 2019 to January 29, 2020 and 15 percent from January 30, 2020 to July 29, 2020. Keeping in view the interests of the […] Read more
DGTR to Hold Public Hearing on Safeguard Duty Investigation on June 26 Updated On Thu, Jun 7th, 2018 by Saurenergy The directorate is mandated to investigate the existence of serious injury or threat of serious injury to the domestic industry as a consequence of increased import of an article into India. India is targeting up to 100 gigawatts (GW) solar capacity by 2022. Under the Commerce Ministry, the Directorate General of Trade Remedies (DGTR) will hold […] Read more
Impose Safeguard Duty on Import of Solar Cells, says ISMA Updated On Mon, Apr 2nd, 2018 by Saurenergy 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 […] Read more