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HSN classification chaos could raise costs for India battery storage projects for years
Economy
Published on 3 May 2026
Different codes mean higher duties for storage firms
Battery storage firms say an HSN classification muddle is driving up costs and delaying compliance for long-life projects. The sector is pushing for separate HSN codes, an approved manufacturer list, stricter local content norms, and clear rules on customs duty deferment under warehouse provisions lasting the full 12-year project life.
- Battery storage firms allege HSN confusion increases import and compliance costs
- They want separate HSN codes and an approved manufacturer list
- The industry is seeking tighter local content norms
- Clear customs duty deferment rules are requested for 12-year projects
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times