[India is rumored to be considering cutting solar panel tariffs officials responded: no such proposal] the media reported on Wednesday that three Indian government sources revealed that India is considering halving import tariffs on solar panels to make up for the shortage of local production. India's Ministry of Renewable Energy has held talks with the Ministry of Finance to seek to reduce import tariffs on solar panels from 40% to 20%. In addition, sources also mentioned that the two government agencies may make recommendations to the Indian goods and Services tax (GST) committee to reduce the GST of solar panel modules to 5 per cent from 12 per cent in 2021. The Indian Ministry of Finance did not comment on the matter, while a spokesman for the Ministry of Renewable Energy responded to the media only in text: "there is no such proposal" and did not elaborate further.