From The Economic Times · Nikita Periwal · · 50s
Copper Producers Push for Higher Solar Duty
Indian copper producers seek 10% customs duty on solar materials to counter Chinese imports.
In brief
Indian copper producers seek 10% customs duty on solar materials to counter Chinese imports. Indian copper producers want higher customs duty on solar module materials to address underutilized domestic capacity due to Chinese imports. Originally reported by The Economic Times.
Copper Producers Request Duty Increase
The Indian Primary Copper Producers Association wrote to the government seeking higher customs duty on copper products used in solar modules while keeping existing duties on other products.
Duty Increase for Solar Materials
They want basic customs duty on solar photovoltaic ribbon and busbars raised to 10% from 5% to protect domestic capacity.
Underutilized Capacity Due to Imports
India has 30,000-tonne capacity for solar materials but plants are underused because of chinese imports.
At a glance
Indian copper producers want higher customs duty on solar module materials to address underutilized domestic capacity due to Chinese imports.
