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CUS NTF NO. 49/2006 DATE 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.

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