Recently, Union New and Renewable Energy Minister R K Singh said that there were no plans to review the BCD levied on solar modules and cells.
“Further, projects of 72.61 GW capacity are under various stages of implementation and 21.11 GW capacity are under various stages of bidding,” said Singh.
Duty on capital goods and project imports was rationalised by phasing out concessional rates and applying a moderate tariff of 7.5 per cent.
The nearly Rs 75,000-crore industry is expecting "certain enablers" that will encourage domestic manufacturing
The basic customs duty on refined varieties of sunflower, soyabean, palmolein and palm oil has been slashed to 17.5 per cent each from 32.5 per cent at present.
The reduced duties are intended to boost domestic supply and ease rising prices of vegetable oil in the domestic market.
Finance Minister Nirmala Sitharaman has proposed an increase in customs duty on items that included mobile phone parts and compressors.
The government's decision to hike the customs duty from 10 percent to 15 percent for mobile handsets is a statutory industry-wise hike, Apple India said on Saturday.