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India slaps China, Malaysia with 25% safeguard duty on PV imports

Author: University of Salford Press Office.

July 31 (Renewables Now) - India’s Ministry of Finance on Monday announced a decision to impose a 25% safeguard duty on solar cell and module imports from China and Malaysia.

The duty was levied following a recommendation from earlier this month by India’s Directorate General of Trade Remedies (DGTR) after an investigation confirmed that photovoltaic (PV) product imports from those two countries cause or threaten to cause serious injury to domestic manufacturers in India. The tariffs became effective on July 30.

According to the government’s ruling, the 25% duty will run for one year and then reduce to 20% for a six-month period, falling to 15% in the final six-month period.

The following table contains specifications for each of the three categories.

Duty Period
25% July 30, 2018 - July 29, 2019
20% July 30, 2019 - January 30, 2020
15% January 30, 2020 - July 29, 2020

All duties will be imposed “ad valorem minus anti-dumping duty payable, if any” when imported during the relevant period, according to the announcement in the Gazette of India. Other developing nations, except from China and Malaysia, are exempt from the duty.

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Veselina Petrova is one of SeeNews Renewables most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

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