{"id":404362,"date":"2021-03-11T11:18:16","date_gmt":"2021-03-11T05:48:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=404362"},"modified":"2021-03-11T11:56:55","modified_gmt":"2021-03-11T06:26:55","slug":"steep-import-duty-on-solar-cells-modules-from-apr-22","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/steep-import-duty-on-solar-cells-modules-from-apr-22\/","title":{"rendered":"Steep import duty on solar cells, modules from Apr \u201922"},"content":{"rendered":"<p>NEW DELHI : The government has decided to impose 40% basic customs duty (BCD) on solar modules and 25% on solar cells from 1 April 2022, in a move that would make imports costlier and encourage local manufacturing.<\/p>\n<p>According to a 9 March notification from the ministry of new and renewable energy, the idea is to emerge as a leading global supplier of these items, besides meeting India\u2019s requirements locally.<\/p>\n<p>The two items, which currently do not attract BCD, will come under it at the specified rates from 1 April 2022. There will be no grandfathering of power projects that are already bid out, considering the one-year period is sufficient to help developers secure the required raw materials in time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : The government has decided to impose 40% basic customs duty (BCD) on solar modules and 25% on solar cells from 1 April 2022, in a move that would make imports costlier and encourage local manufacturing. According to a 9 March notification from the ministry of new and renewable energy, the idea is to emerge as a leading global supplier of these items, besides meeting India\u2019s requirements locally. The two items, which currently do not attract BCD, will come under it at the specified rates from 1 April 2022. There will be no grandfathering of power projects that [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-404362","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/404362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=404362"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/404362\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=404362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=404362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=404362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}