Eu Import Duties Solar Panels

Eu removes import duties on chinese solar panels.
Eu import duties solar panels. The european commission has decided to maintain anti subsidy and anti dumping duties first introduced in may 2014 on solar glass imported from china. The eu extends its controversial import duties on solar panels and cells imported from china malaysia and taiwan by 18 months. By september 2018 they will be phased out. Eu member states cleared an 18 month extension of import duties on chinese solar panels in february.
These reviews are not expected to be completed until late 2016. Given their ongoing review investigations which were initiated on 5 december 2015 the measures remain in force. The european union imposed anti dumping and anti subsidy measures on imports of solar cells and solar panels from china on 5 december 2013 for a period of two years. Basic customs duty bcd on the import of solar cells and modules was announced at 20 in the union budget for 2020 21.
It also comes at a time of when international prices for panels are falling in response to a reduction of subsides for the deployment of solar photovoltaic pv capacity in china. Solar cells and modules the majority of which are imported from china are exempted from basic customs duty at present but attract a 15 safeguarding duty until july. Industry experts say that the reason for the seemingly abrupt hike was for the sake of legislative convenience. The 18 months extension of the anti subsidy and antidumping measures was announced yesterday by the commission.
Solar cells would attract 15 customs duty from august the times reported quoting minister for new and renewable energy rk singh with that figure to rise to 30. The european solar industry has urged the eu to end import duties on chinese photovoltaic cells when anti dumping measures expire in september saying they are holding off a jobs bonanza in. Suniva had sought import duties of 32 cents a watt for solar panels produced outside the u s. These rates also provide the basis for anti dumping duties imposed on solar products imported from mainland china.
The eu s decision in september 2018 to remove trade controls on imported chinese solar panels follows the usa move to increase tariffs. And a floor price of 74 cents a watt. The european commission said at the time that it envisaged a gradual phase out of the duties. While the exemption on this duty remains in place the change has raised a lot of eyebrows throughout the solar sector as this could potentially impact solar tariffs adversely.
The minimum import price mip will be progressively cut every three months.