Finance Ministry Clarifies Battery Storage Systems Attract 10% Customs Duty
The Ministry clarified that BESS don’t qualify as power banks, which attract 20% BCD
October 12, 2026
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The Ministry of Finance has clarified that stationary, grid-scale, and industrial lithium-ion battery energy storage systems (BESS) are eligible for the concessional basic customs duty (BCD) rate of 10%.
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Arjun Joshi
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