Power Projects

 

 

8.2(f) Supply of goods to any project or purpose in respect of which the Ministry of Finance (MoF), by a notification, permits import of such goods at zero customs duty;

Benefits

 
If supplies made against above, supplier shall be entitled to
Advance Authorisation / Advance Authorisation for Annual requirement / DFIA.
Deemed Export Drawback.
Exemption / Refund of Terminal Excise Duty.
  whichever is applicable.

8.2(g) Supply of goods to power projects and refineries not covered in (f);

Benefits

 
If supplies made against above, Deemed export benefits provided the ICB Procedures have been followed at Independent Power producer (IPP) / Engineering and Procurement Contract (EPC) Stage and shall be eligible for
Advance Authorisation / Advance Authorisation for Annual requirement / DFIA.
Deemed Export Drawback.
Exemption / Refund of Terminal Excise Duty.
 

whichever is applicable,

f such mega power project is :
An inter state Thermal Power plant of capacity of 1000 MW or more; or

An inter state Hydel Power plant of capacity of 500 MW or more.

Benefits of Deemed Exports shall also be available for renovation /
modernization of power plants. Supplier shall be eligible for

Advance Authorisation / Advance Authorisation for Annual requirement / DFIA.
Deemed Export Drawback.
Exemption / Refund of Terminal Excise Duty.
 
whichever is applicable.

 

Supplies under above, new refineries being set up during Ninth Plan period and spilled over to Tenth Plan period shall be entitled for Deemed export benefits;

Advance Authorisation / Advance Authorisation for Annual requirement / DFIA.
Deemed Export Drawback.
  whichever is applicable.

 

 

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