Power and New & Renewable Energy Minister R K Singh on Tuesday said his ministry has proposed to impose basic customs duty (BCD) on solar cells, modules and inverters from August.
Singh informed stakeholders about the proposal during a deliberation through video-conferencing with industry associations to discuss ways and means to ensure the success of the Atmanirbhar Bharat Abhiyan and the Make in India initiative on Tuesday.
“The Union minister further informed the meeting of the ministry’s proposal to impose basic customs duty (BCD) beginning August 2020 on solar modules, solar cells and solar inverters,” the power ministry said in a statement.
The minister, quoted in the statement, said that a clear trajectory of BCD would be declared so that there is no uncertainty about the government policy.
