Page 7 - Basic Customs Duty News Today

The projects for which bids were submitted before 9 March, 2021, can now complete the project by March 2024

On 9 March, 2021, Centre announced that from 1 April, 2022 any import of solar PV modules would attract basic customs duty (BCD) of 40% and import of solar PV cells would attract BCD of 25%

Finance Minister Nirmala Sitharaman will be presenting the Union Budget 2023-24 on February 1. ICEA contended that tariffs on inputs and components are a barrier to increasing localisation.

For a more comprehensive view on the requirements of the Telecom sector from the Union Budget, BW Businessworld got in touch with Lt. Gen. Dr S.P. Kochhar, Director General, COAI, , telecom sector, telecom, telecom operators, Cellular Operators Association of India (COAI), coai, union budget, trai

Through these initiatives, India hopes to boost domestic electronics manufacturing and exports, including semiconductors, and move up the electronics value chain.

Toledo Solar is looking into expanding its manufacturing capacity in Europe with an initial annual capacity of 400MW of thin-film modules.

India has announced its first 100% solar powered village at Modhera in Gujarat, showcasing business prospects for renewables in the country.

India’s newsprint imports fell from 13,84,056 kg in the financial year 2017-18 to 5,97,766 kg in 2021-22, union information and broadcasting minister Anurag Thakur informed the Lok Sabha on 26 July.

As per the information shared by the Ministry, in 2017-18 the newsprint import was at 13,84,056 kgs which kept on falling in the successive years, except for a slight increase in 2019-20

Indian solar power developers have hit upon a novel way to defer payment of steep import duties on cells and modules that took effect on 1 April, by declaring their plants as customs bonded warehouses