The ministry of new and renewable energy is opposing the commerce ministry’s recommendation to slap an anti-dumping duty on imported solar cells, saying “it is not the right time” to impose the levy. Last week, the ministry of commerce and industry recommended imposing a restrictive duty in the range of $0.11 to 0.81 per watt on solar cells imported from the US, China, Malaysia and Chinese Taipei. A final decision on the recommendations, which is expected to provide relief for struggling domestic manufacturers, will be taken by the finance ministry.
“We are opposing it (anti-dumping duty). From our side, we have said that it is not the right time, because there are a lot of projects in the pipeline,” Tarun Kapoor, joint secretary at the MNRE, said on Thursday. The recommendation of the directorate general of anti-dumping and allied duties, under the commerce ministry, came after a one-and-a-half year probe into allegations of cheap solar cells being dumped into India.
Read more: http://www.asianage.com/business/curbs-solar-panels-rejected-419
Read more: http://www.asianage.com/business/curbs-solar-panels-rejected-419
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