Import Duty Cut: Will Panel Prices Crash in March?
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Import Duty Cut: Will Panel Prices Crash in March?

Market Watch
Feb 3, 20265 min read

The government just slashed the Basic Customs Duty (BCD) on solar glass and backsheets by 5%. While this sounds technical, the impact on your wallet is direct.

The Math Prediction

A typical 540W panel costs roughly ₹11,000 today. Glass and backsheet make up about 12% of this cost.

  • Expected Price Drop: ₹0.40 to ₹0.60 per watt.
  • Timeline: March 15th, 2026 onwards.

Should you wait? Honestly, the saving on a 3kW system would be around ₹1,800. Is it worth delaying your monthly electricity savings of ₹3,000? Probably not. The "crash" is more of a "correction". Don't let vendors stop you from buying now, but definitely negotiate if you are buying in bulk.