Govt. imposes safeguard duty on solar cells for one more year till July 2021

The government has imposed the safeguard duty of solar cells for one more year till July 2021 with the aim to protect the domestic manufacturers and discourage cheap imports from countries such as China. The same recommendation has also been given by the Directorate General of Trade Remedies, the investigative arm of the Ministry of ..

Month: Current Affairs - July, 2020

Category: Economy & Banking Current Affairs

Topics: China • Directorate General of Trade Remedies • Ministry of Commerce • Safeguard Duty • Solar cells

Government imposes 25% safeguard duty on import of solar cells

Union Government has imposed safeguard duty of 25% on import of solar cells (whether or not assembled in modules or panels) from China and Malaysia. The move is aimed at helping domestic solar cell manufacturing sector. But it could affect existing projects dependent on cheap imports and hike solar power tariffs in India since around ..

Month: Current Affairs - August, 2018

Topics: China • Malaysia • National • Renewable energy • Safeguard Duty • Solar Cells industry • Solar Panels

Union Government imposes safeguard duty on certain steel imports

The Union Government has imposed safeguard duty on import of certain steel products to protect domestic manufacturers from cheap in-bound shipments. It was imposed by the Revenue Department on steel products like hot rolled flat sheets and plates of alloy (excluding hot rolled flat products in coil form) or non-alloy steel. Key Facts The effective ..

Month: Current Affairs - November, 2016

Topics: Business • Economy • International Trade • National • Revenue Department • Safeguard Duty • Steel Industry