Hi,
Need clarity & rulings on
1) Whether Wind Turbine power generation plants established out side the EOU location can be included in the existing LOP as an additional location?
2) Applicability of prevailing taxes on sale of surplus power generation by the wind mill ffrom the EOU units to the DTA
Wind Turbine Plants Can Be Added to LOP; Selling Surplus Power to DTA Requires Duty on Diesel Used A query was raised regarding the inclusion of wind turbine power generation plants outside the Export Oriented Unit (EOU) location in the existing Letter of Permission (LOP) and the tax implications on selling surplus power to the Domestic Tariff Area (DTA). The response clarified that additional locations could be included in the LOP if they remain within the jurisdiction of the Designated Officer. If outside, approval from the Board of Approval (BoA) is necessary. For selling surplus power to DTA, duties must be paid on consumables and raw materials, specifically diesel used in power generation. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
