India has postponed the imposition of a 25% safeguard duty on solar cell and module imports after the High Court in the state of Orissa issued a stay on the proposed tariff. “It has been decided not to insist on payment of safeguard duty, for the time being", India's Finance Ministry said on 30 July. Solar power developers Shapoorji Pallonji, Hero Future Energies, Acme Solar and solar module maker Vikram Solar filed petitions at the Orissa court seeking clarification on whether the tax would apply to projects that are bid out or where construction has begun.
India has postponed the imposition of a 25% safeguard duty on solar cell and module imports after the High Court in the state of Orissa issued a stay on the proposed tariff. “It has been decided not to insist on payment of safeguard duty, for the time being", India's Finance Ministry said on 13 August. Solar power developers Shapoorji Pallonji, Hero Future Energies, Acme Solar and solar module maker Vikram Solar filed petitions at the Orissa court seeking clarification on whether the tax would apply to projects that are bid out or where construction has begun.