According to the report of the Indian Economic Times, the Indian government has decided not to impose temporary guarantee tax on solar cells imported from China and Malaysia, and rejects the previous proposal to impose a 70% tariff.
The Indian Customs and the Central Fire Protection Administration had proposed this proposal, requiring immediate action in early 2018 to prevent further damage to the domestic solar energy industry. It is recommended to perform duties within 200 days.
However, the government's decision statement stated that the proposal is not binding, and the Delhi High Court of Justice has also processed the petition on temporary protection tax according to this statement.
Anand Kumar, secretary of the Ministry of New Energy and Renewable Energy of India, confirmed the current decision not to tax. According to the report, the court ruling 'does not exclude the applicant's right to challenge any adverse order in accordance with law'.
The so-called safeguard tax proposal comes from the Indian Solar Manufacturers Association (ISMA), which represents five Indian PV manufacturers. The combined production capacity of the five manufacturers accounts for more than half of India’s domestic solar cell capacity. The petition against this safeguard tax proposal The book was submitted by Acme Solar and believes that this measure will only weaken the solar cell industry.