India Slaps 25% Tariff on Solar Imports

India has imposed a 25 percent safeguard duty on solar cell imports for a year to July 29, 2019, a government order published on Monday said, as the country tries to protect the domestic solar industry.

The safeguard duty will not be imposed on imports from developing countries except China and Malaysia, according to the notification.

The safeguard duty will not be imposed on imports from developing countries except China and Malaysia, according to the notification.

The federal trade ministry earlier this month recommended imposing a 25 percent duty on imports of solar cells and modules from China for one year to try to counter what it sees as a threat to domestic solar equipment manufacturing.

India imports over 90 percent of its solar equipment from China, according to Reuters data.

The safeguard duty on imports would be applicable for two years. It would be reduced in the second year to 20 percent for six months, and would be charged at 15 percent for the next six months, the order said.

The safeguard duty on imports would be applicable for two years. It would be reduced in the second year to 20 percent for six months, and would be charged at 15 percent for the next six months, the order said.

The protectionist move mirrors US President Donald Trump’s 30 per cent solar panel import tariffs, which were announced in January to the consternation of the global solar industry.

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One comment

  • Andrew O’Connor

    August 6, 2018 at 5:37 pm

    How are we supposed to go from a Fossil Fuel society to a Fossil free zone if theres not a level playing field for all -Globally

    Reply

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