India Imposed Photovoltaic Tariff

Since July 30, According to the Indian ministry of finance's announcement, China, Malaysia and other developed countries have imposed a 25% safeguard tariff on solar cells, whether packaged or not. The following duties will be imposed on imports according to their value. In the event of a subsequent anti-dumping duty, the duty will be levied at a rate after the deduction of the duty.

India's attitude to a photovoltaic tax has been inconsistent since the US and Europe rebelled, the levy is now officially announced, although it gives local manufacturers a chance to increase their market share, in the short term, India is short of domestic capacity and still needs to import. Therefore, the implementation of defensive tariffs for the Indian market may only bring additional costs and other negative factors.

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