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Customs Notification No-49/2006
dated 26.05.2006
Customs duty exemption to mega power projects
In exercise of the powers conferred by
sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central
Government, on being satisfied that it is necessary in the public interest so to
do, hereby makes the following further amendments in the notification of the
Government of India in the Ministry of Finance (Department of Revenue) No.
21/2002- Customs, dated the 1st March, 2002, which was published in the Gazette
of India, Extraordinary vide number G.S.R. 118(E), dated the 1st March, 2002,
namely:-
In the said notification, -
(I) in the Table, against S.No.400, for the entry in column (3), the following
entry shall be substituted, namely:-
"Goods required for setting up of any Mega Power Project, so certified by an
officer not below the rank of a Joint Secretary to the Government of India in
the Ministry of Power, that is to say-
(a) an inter-state thermal power plant of a capacity of 700MW or more, located
in the States of Jammu and Kashmir, Sikkim, Arunachal Pradesh, Assam, Meghalaya,
Manipur, Mizoram, Nagaland and Tripura; or
(b) an inter-state thermal power plant of a capacity of 1000MW or more, located
in States other than those specified in clause (a) above; or
(c) an inter-state hydel Dower plant of a capacity of 350MW or more. located in
the States of Jammu and Kashmir, Sikkim, Arunachal Pradesh, Assam, Meghalaya,
Manipur, Mizoram, Nagaland and Tripura; or
(d) an inter-state hydel power plant of a capacity of 500MW or more, located in
States other than those specified in clause (c) above";
(II) in the Annexure, in Condition No. 86, for sub-clauses (ii) and (iii) of
clause (a), the following shall be substituted, namely:-
"(ii) the power purchasing State undertakes, in principle, to privatize
distribution in all cities, in that State, each of which has a population of
more than one million, within a period to be fixed by the Ministry of Power.".
F.No.354/104/2003-TRU
(Ajay)
Under Secretary to the Government of India
Note.- The principal notification No.21/2002- Customs, dated the 1st March, 2002, was published in the Gazette of India, Extraordinary vide number G.S.R. 118 (E), dated the 1st March, 2002 and was last amended vide notification No.47/2006- Customs, dated the 24th May, 2006, which was published in the Gazette of India, Extraordinary vide number G.S.R. 310(E), dated the 24th May, 2006.