US imposes 123.04% anti-dumping duty on Indian solar imports
→Export-sales teams must price US deliveries with a 123.04% duty layer immediately
Change
US Department of Commerce imposed a 123.04% preliminary anti-dumping duty on solar cells and modules from India, with retroactive 90-day suspension of liquidation.
Why it matters
Covered solar imports now carry a 123.04% preliminary duty rate. Combined with prior countervailing duties of over 125%, total tariff burden exceeds 200%. Importers must post cash deposits during the suspension period covering Mundra Solar, Kowa, Premier Energies and others.
Implications
- → Applies if you import solar cells or modules from India into the USA.
- → Customs-entry teams must post cash deposits at the 123.04% rate on covered entries now — non-payment blocks entry processing.
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Source
View on Economic Times