{"id":525075,"date":"2022-09-27T10:02:22","date_gmt":"2022-09-27T04:32:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=525075"},"modified":"2022-09-27T10:56:00","modified_gmt":"2022-09-27T05:26:00","slug":"govt-looking-to-plug-loophole-in-solar-equipment-import-duty-report-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-looking-to-plug-loophole-in-solar-equipment-import-duty-report-2\/","title":{"rendered":"Govt looking to plug loophole in solar equipment import duty: Report"},"content":{"rendered":"<p>The central government is looking at ways to plug the loopholes in regulations that are allowing solar power developers to avoid paying duties of nearly 40 per cent on cells and modules, and are only shelling out 5 per cent, reported Livemint on Monday.<\/p>\n<p>In a bid to reduce imports from China and boost domestic manufacturing, the Centre imposed basic customs duty (BCD) of 40 per cent on solar modules and 25 per cent on cells from April 1. However, several solar developers are tapping &#8216;project import scheme&#8217; to save high duties on cells and modules, the report added.<\/p>\n<p>Domestic manufacturers can import machinery, instruments and apparatus at a concessional duty of 5 per cent to set up a new unit, and expand an existing one under the project import scheme.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The central government is looking at ways to plug the loopholes in regulations that are allowing solar power developers to avoid paying duties of nearly 40 per cent on cells and modules, and are only shelling out 5 per cent, reported Livemint on Monday. In a bid to reduce imports from China and boost domestic manufacturing, the Centre imposed basic customs duty (BCD) of 40 per cent on solar modules and 25 per cent on cells from April 1. However, several solar developers are tapping &#8216;project import scheme&#8217; to save high duties on cells and modules, the report added. Domestic [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-525075","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/525075","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=525075"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/525075\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=525075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=525075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=525075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}