The company has been asked to execute a bond for the amount due and will have to pay the duty if the notification imposing the levy is upheld.
Madras high court solar panel.
The madras high court s computer committee chaired by justice t s.
The madras high court made it clear in its order dated august 10 that shapoorji pallonji would have to pay the duty if the odisha high court upheld the notification.
The madras high court has put a temporary stay on the recommendation to levy a 70 percent safeguard duty on the import of solar components to india.
The dgtr announced its final decision in mid july.
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Solar developer shapoorji pallonji infrastructure capital part of the shapoorji pallonji group had moved the madras high court maintaining that the dg safeguards took this decision.
Following petitions filed by developers the madras high court stayed the order.
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Around 90 of panels and modules used in indian solar projects are imported from china and malaysia because they are significantly cheaper than their indian counterparts.
The madurai bench of the madras high court has temporarily restrained the revenue authorities from removing the solar panel of a private solar power company at mannur taluk in tirunelveli district.
The fate of the petition filed against the preliminary recommendation of the director general safeguards to impose 70 safeguard duty on imported solar panels and modules is likely to be decided on february 13.
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In a new twist to the imposition of safeguard duty on imported solar panels and modules from july 30 the madras high court permitted shapoorji pallonji infrastructure to get its consignment of panels from overseas released by customs officials at chennai port without paying the duty.
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Solar developers were deeply dismayed by the recommendation claiming it would raise construction costs and thereby solar tariffs which have been falling steeply for some years now.
The date was fixed following a second hearing of the case on february 2.
The madras high court said it was aware of the orissa high court hearing on august 9 2018 and the petition filed by hero future energies acme and vikram solar against the directorate general of trade remedies.
Madras high court puts temporary stay on levy of safeguard duty on solar imports.