Us Import Duty On Solar Panels

Read more about no customs duty on imported solar cells and modules says ministry on business standard.

Us import duty on solar panels. To incentivise domestic manufacturing of solar modules and cells the government is planning to introduce a basic customs duty bcd on import of equipment for the sector. The tariff covers both imported solar cells a key input to manufacturing solar panels and solar modules otherwise known as solar panels. If entered during the period from february 7 2019 through february 6 2020. Once a separate notification is issued a new duty structure enabling a basic customs duty of 20 on solar cells and modules will come into effect the move is in a bid to boost local manufacturing.

Solar cells and modules the majority of which are imported from china are exempted from basic customs duty at present but attract a 15 safeguarding duty until july. As of 2019 the tariff is 25. While trump has broad authority on the size scope and duration. Duty rates for over quota for cells high rate in addition to those applicable under subheading 8541 40 60.

If entered during the period from february 7 2018 through february 6 2019. And a floor price of 74 cents a watt. The government is planning to impose a basic customs duty in the range of 20 25 on imported solar modules from august 1 which would eventually be raised to 40 a year power and renewable energy minister r k singh said. There is already safeguard duty of 15 per cent levied on the imported solar cells and modules.

On january 22nd 2018 the trump administration levied a 30 tariff on solar imports to the united states. Solar cells would attract 15 customs duty from august the times reported quoting minister for new and renewable energy rk singh with that figure to rise to 30.