India will not intervene on behalf of solar module exporters after 126% US levy, says top official
The Centre is unlikely to intervene on behalf of Indian companies after the US imposed a countervailing duty of 126% on Indian solar module exports, said a top official, adding that manufacturers can take legal recourse and appeal at the appropriate forum.
The US announced a preliminary countervailing duty (CVD) of 125.87% on imports of certain Indian solar equipment, alleging that the products are unfairly subsidized by the Indian government.
