Imposition of Basic Custom Duty (BCD) on Solar PV Cells & Modules/Panels
To scale up of domestic solar manufacturing and to improve the export market for solar cells & modules/panels, the Ministry of Finance has approved a basic custom dusty to be levied on solar cells and modules.
The Basic Custom Duty is as follows:
Up to 31 March 2022: Solar module: 0% Solar cell: 0%
We.f. 1 April 2022: Solar modle: 40% Solar cell: 25%
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