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To Maximise Utilisation of Solar Power, Exemption from Excise Duty and Basic Customs Duty Extended on Solar Panels
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....o Maximise Utilisation of Solar Power, Exemption from Excise Duty and Basic Customs Duty Extended on Solar Panels <br>News and Press Release<br>Dated:- 8-8-2014<br><BR>At present, solar panels are exe....
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....mpt from basic customs duty and CVD. The same was the position during each of the last three years. All goods used in the manufacture of solar panels were also exempt from basic customs duty during th....
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....e last three years. The fiscal steps taken to boost solar power generation include, inter alia, excise duty exemption on (i) solar cell/modules; (ii) machinery and equipment required for initial sett....
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....ing up of a solar power generation or solar energy production project; (iii) EVA sheets and solar backsheets and specified inputs used in their manufacture; (iv) solar tempered glass used in the manuf....
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....acture of solar PV cells and modules; and (v) flat copper wire for the manufacture of PV ribbons for use in solar cells and modules. To maximize utilization of solar power, exemption from basic custom....
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.... duty has been extended on specified inputs for use in the manufacture of EVA sheets and backsheets and flat copper wire for the manufacture of PV ribbons. This information was given by the Minister ....
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....of State for Finance, Smt. Nirmala Sitharaman in written reply to a question in Lok Sabha today.<BR> News - Press release - PIB....