Import Duty On Solar Panels In Pakistan 2019

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Import duty on solar panels in pakistan 2019. Basic customs duty bcd on the import of solar cells and modules was announced at 20 in the union budget for 2020 21. The aedb stated that the federal government of pakistan vide its sro 604 1 12019 dated may 28 2019 sro 604 issued amendments in the import policy order 2016 ipo. Solar panel sales tax 17. Solar panel additional sales tax 3.

The bahamas customs department phone. Buysolar features all top origianl branded solar panels online in pakistan. The federal board of revenue asked to issue necessary instructions or notification to relevant customs departments in this regard. As long as the government will not impose duties on the import of finished products the local market cannot grow said aamir hussain chief executive officer of tesla pv one of the largest manufacturers of solar energy products in pakistan to reuters.

Solar panel customs duty 3. Pakistan today imports more than 95 per cent of the solar panels and other renewable energy systems it uses largely from china said aamir hussain chief executive officer of tesla pv one. 242 604 3124 5 fax. 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 government in 2014 exempted customs duty and general sales tax on import of solar panels for promoting alternative and renewable energy in pakistan. Here in this post we share here customs duty on solar panels in pakistan we mention here complete details about import duty on solar panels in pakistan. Prime minister approves custom duty on solar panels in pakistan to promote alternate energy resources. Just place your order online or call us 92 30 77 381 381.

The purpose of issuance of the sro 604 was to adopt international standards for import of solar pv equipment irrespective of the country source of origin and uniform. Earlier in july 2018 the government had imposed 25 per cent safeguard on solar cells imports from china and malaysia for two years to protect domestic players from steep rise in the inbound shipments of the product. Solar panel income tax 6 advance income tax sro used 9 will change to 6 solar panel additional customs duty 1. Hs code for solar panel 8541 4000.

Currently pakistan imports more than 95 percent of the solar panels and other renewable energy equipment especially from china. Currently pakistan imports solar panels having capacity of 900 mw a year. The government had imposed 25 per cent safeguard duty for the period from july 30 2018 to july 29 2019. Import duty on solar panels in pakistan.

Custom duty on solar panels in pakistan import solar product in pakistan without customs duty and sales tax.