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Government notifies phased import duty hike on electric PV parts, lithium-ion cells

As part of the road map under the phased manufacturing programme (PMP), Government has notified phased increase in basic customs duty on parts of electric passenger vehicles to be assembled in India to 15% from April 2020 and 10% on imported lithium-ion cells by April 2021 to promote domestic manufacturing of EVs.  The notification also entails doubling the basic customs duty on completely built units of electric buses and trucks to 50% from April 2020.