Business

Continuation of safeguard duties on imports from China for third consecutive year creates confusion

“The solar industry has been recommending to the government to levy a basic customs duty (BCD) on imports of solar cells and modules as it will give support and direction to the domestic manufacturers for the next four to five years, and they can expand accordingly,” Saibaba Vutukuri, CEO of Kolkata-based manufacturer Vikram Solar told ET.

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