India considering 20-25% import tax on solar modules | ZAWYA MENA Edition – ZAWYA

India considering 20-25% import tax on solar modules | ZAWYA MENA Edition – ZAWYA

India considering 20-25% import tax on solar modules India considering 20-25% import tax on solar modules | ZAWYA MENA Edition HomeEconomyGlobalArticleIndia considering 20-25% import tax on solar modules India does not currently levy a customs duty on imports of solar cells and modules    Solar panels are seen inside the premises of the Jaisalmer Airport in desert state of Rajasthan, India, August 13, 2015. CHENNAI/NEW DELHI - India is considering imposing an import tax of 20-25% on solar modules and 15% on solar cells for a year beginning in August, its power minister said on Thursday.India does not currently levy a customs duty on imports of solar cells and modules, but has a safeguard duty to protect its local industry which expires in July."In the second year, we are looking to impose a 40% tax on solar modules," R.K. Singh, India's Power Minister said in a virtual news conference on Thursday, adding that cells will be taxed at 25% in the second year.India does not currently levy a customs duty on imports of solar cells and modules, but has a safeguard duty to protect its local industry which expires in July.CHENNAI/NEW DELHI - India is considering imposing an import tax