AISIA urges govt to impose 50% basic custom duty on solar equipment

All India Solar Industries Association (AISIA) on Thursday urged the government to impose at least 50 per cent BCD (basic custom duty) on solar equipment for sustenance of domestic manufacturers.

AISIA in a statement said that following the coronavirus-related disruption, the Indian solar manufacturing sector has witnessed a major downfall with exports witnessing a decline.

“AISIA urges the government of India for immediate implementation of BCD for sustenance,” AISIA said.

It further added that, this is also the time when the government can further give impetus to the Prime Minister’s Vocal for Local movement and help the local manufacturers strengthen their position in the domestic market.