Al Armouti lawyers and consultants Al Armouti lawyers and consultants +962 6 4620603 info@armouti.com

India To Extend Safeguard Measure On Imports of Solar Cells

By : Al Armouti Legal News  |   
7/8/2020   |   
57   |   

NEW DELHI- India has notified the World Trade Organization on reaching a final determination to extend the safeguard measure on imports of "solar cells whether or not assembled in modules or panels". The original safeguard duty was initially imposed for 2 years, i.e. from 30 July 2018 to 29 July 2020. 

 

The Directorate General of Trade Remedies (DGTR) concluded that the imports of PUC into India, have not only continued to cause serious injury to the Domestic Industry but also threaten to cause serious injury to the domestic producers of PUC. The DGTR has thus concluded that it will be in the public interest to continue the imposition of safeguard duty on imports of the PUC into India in terms of Rule 18 read with Rule l2 of the Customs Tariff (Identification And Assessment of Safeguard Duty) Rules'97. It further noted that the Domestic Industry has sought extension of the Safeguard duty further for a period of four years with progressive liberation of Safeguard duty to 14.95 %, 14.90 %, 14.85% and 14.80% in the four years respectively.

 

DGTR has recommended imposing a duty amounting 14.90% ad valorem on imported PUC as from 30 July 2020 for one year, to be liberalized in the second half of the year to 14.50% ad valorem.

 

Share This

Comments