Category: Copper

  • Copper producers seek 10% import duty on solar PV ribbons, busbars

    Copper producers seek 10% import duty on solar PV ribbons, busbars

    Indian copper producers are seeking higher import duties on solar PV ribbons and busbars to protect domestic manufacturers from Chinese imports.
    Indian copper producers are seeking higher import duties on solar PV ribbons and busbars to protect domestic manufacturers from Chinese imports.

    A domestic copper producers’ association has written to the government seeking an increase in customs duty on copper products used in solar modules while retaining the existing duty on certain other products.

    The Indian Primary Copper Producers Association (IPCPA), in its pre-budget representation letter last week, requested retaining the 5 per cent basic customs duty on refined copper and semis products, and a 7.5 per cent duty on copper pipes and tubes without any exemption or concession for countries under free trade agreements. ET has reviewed a copy of the letter.

    The industry body is also seeking an increase in the basic customs duty on solar photovoltaic (PV) ribbon and busbars to 10 from 5%. While India has a 30,000-tonne capacity for these products against an annual demand of around 25,000-28,000 tonnes, plants are underutilised because of imports from China, the association said.

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