NTF. NO. 34/2010-CE, DT. 18/11/2010

Seeks to amend Notification No. 33/2005-Central Excise, dated 08.09.2005 so as to waive the condition relating to PPA to power projects promoted by State Electricity Boards/Corporations notified as State Transmission Utility and Licensee
G.S.R. 918(E).- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.33/2005-Central Excise, dated the 8th September, 2005, published vide number G.S.R. 570(E), dated the 8th September, 2005, namely:-

In the said notification, after condition (ii), the following proviso shall be inserted, namely:-

“Provided that this condition shall not apply to the power generation projects promoted by State electricity boards or corporations which are notified by the respective State Governments as the State Transmission Utility and Licensee.”

[F.No.354/175/2010-TRU]

(K.S.V.V. Prasad)
Under Secretary to the Government of India

Note: The principal notification No.33/2005-Central Excise, dated 8th September, 2005, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.570 (E), dated the 8th September, 2005.

Presented by eximkey.com