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India raises basic customs duty on solar modules to 40% ahead of budget

Effective 2026-10-01, India sets a 40% duty on solar originating from China. The move shifts the applied rate by +15 points.

IndiaChina

India's Ministry of Finance notified an increase in basic customs duty on imported photovoltaic modules; cells remain at 25%. The measure accelerates domestic manufacturing under the PLI scheme. Developers with unhedged Chinese module contracts face significant cost overruns on projects commissioning after the effective date.

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