Petition updateIndia's Solar progress - STOPPED !Solar import duty to be cut by 50%!
Rathin Vyas (ENERCO)Mumbai, India
May 31, 2023

Nearly 1.5 years after I filed the petition and requested for roll back on solar import duty the Govt. is finally waking up. It is considering a cut of solar import duty from 40% to 20%.

It has realized that India cannot rely on domestic manufacturing alone.

https://www.livemint.com/industry/energy/govt-mulls-import-duty-cut-on-solar-panels-to-20-report-11685463631453.html 

It is also planning to reduce GST from 12% (currently) to 5% on solar energy devices. 

It's a welcome move but there was no need to increase these two in the first place. Hopefully the Govt. becomes more proactive in hearing from the stakeholders before making important decisions like these.

Copy link
WhatsApp
Facebook
Nextdoor
Email
X