Standards/ TBTs / IPR-Market Access
The Ministry of New and Renewable Energy is likely to clarify the matter of basic customs duty (BCD) on imported solar equipment within the next two months. A 20 percent basic customs duty had been announced in the last budget but has not been imposed yet. Developers have been keenly awaiting such a clarification since the duty will impact their cost of setting up a project and thereby the tariff they charge for the power generated.
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