Seeks to amend notification no. 12/2012-customs dated 17.03*42 extending the time period for furnishing the final Mega power project certificate from 60 months to 120 months and extending the period of validity of security in the form of Fixed Deposit Receipt or Bank Guarantee from 66 months to 126 months, in case of provisional mega power projects
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Extension of compliance period for provisional mega power projects extends certificate and security validity under amended customs notification. The amendment extends the timeframe for provisional mega power projects to furnish the final Mega Power Project certificate from 60 months to 120 months and increases the validity of security in the form of Fixed Deposit Receipt or Bank Guarantee from 66 months to 126 months, updating notification no. 12/2012 customs and communicated via Notification No. 20/2017 Customs for guidance to importers and agents.
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Extension of compliance period for provisional mega power projects extends certificate and security validity under amended customs notification.
The amendment extends the timeframe for provisional mega power projects to furnish the final Mega Power Project certificate from 60 months to 120 months and increases the validity of security in the form of Fixed Deposit Receipt or Bank Guarantee from 66 months to 126 months, updating notification no. 12/2012 customs and communicated via Notification No. 20/2017 Customs for guidance to importers and agents.
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