Seeks to amend notification No. 1/2018-Customs (SG), dated the 30th July, 2018 so as to align the tariff item of subject goods with the new tariff items created as per Finance Bill, 2020 vide Notification No. 01/2020-Customs (SG) dated 2nd February, 2020.

Solar Cells, whether or not assembled in modules is classified under tariff item 8541 40 11 and attracts Nil BCD by tariff and vide entry at Sr. No. 23 of the notification No. 24/2005-Customs, dated 1st March, 2005. Now, the tariff item 8541 40 11 is being split into by following tariff items, namely: –

(i) tariff item 8541 40 11: – Solar Cells, not assembled

(ii) tariff item 8541 40 12: – Solar Cells assembled in modules or made up into panels.

Tariff rate on the said new tariff items is also being increased from Nil to 20%. [Clause 115 (b) of the Finance Bill, 2020 refers]. By virtue of declaration under the Provisional Collection of Taxes Act, 1931, this tariff changes will come into force with immediate effect. However, the existing BCD rates on Solar Cells whether or not assembled into modules, including Safeguard duty shall continue. In view of the creation of new tariff items, consequential amendments in notification No. 1/2018-Customs (SG), dated 30th July, 2018, is being done vide notification No. 1/2020-Customs (SG), dated 2nd February, 2020.

Government of India
Ministry of Finance
(Department of Revenue)

Notification No. 01/2020-Customs (SG)

New Delhi, the 2nd February, 2020

G.S.R. 75(E)– In exercise of the powers conferred by sub-section (1) of section 8B of the Customs Tariff Act, 1975 (51 of 1975), read with rules 12, 14 and 17 of the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997, the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 01/2018- Customs (SG), dated the 30th July, 2018, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 717(E), dated the 30th July, 2018, namely:-

In the said notification, for the words and figures “tariff item 8541 40 11”, wherever they occur, the words and figures “tariff items 8541 40 11 and 8541 40 12” shall be substituted.

[F. No. 334/2/2020-TRU]
(Gaurav Singh)
Deputy Secretary to the Government of India

Note: The principal notification No.01/2018-Customs (SG), dated the 30th July, 2018 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 717(E), dated the 30th July, 2018.

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