Impose 95% safeguard duty on solar cells import: ISMA
Impose 95% safeguard duty on solar cells import: ISMA
Indian Solar Manufacturers Association (ISMA) has demanded imposition of 95 per cent safeguard duty on imports of solar cells and modules to protect domestic players from cheap inbound shipments.
The association put its demand during a public hearing called by the Directorate General of Trade Remedies (DGTR), under the commerce ministry, on the issue today.
The directorate heard different sections of solar energy sector on safeguard duty investigation of solar cells.
"According to the ISMA data submitted to the DGTR, the injury from solar imports is to the tune of 95 per cent and therefore ISMA sought the proportionate safeguard duty on the solar equipment imports," ISMA Coordinator Dhruv Sharma told
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.