News & Media 18th Dec 2024

No more duty-free import of solar power items: CBIC

Authors

Jitendra MotwaniPartner | Mumbai

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The Central Board of Indirect Taxes and Customs (CBIC) announced that effective December 17, goods imported for solar power generation will no longer be permitted to undergo any manufacturing processes or operations within a warehouse – a facility which allows for imported items to be stored without payment of customs duties on an immediate basis.

Against this backdrop, our Partner Jitendra Motwani has been quoted in an article “No more duty-free import of solar power items: CBIC” authored by Priyansh Verma from Financial Express.

Read the article here

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