refund on Central Excise duty

[ravikumar venkatraman]

We are being a power plant under construction., refering FTP exemption is allowed at par with SEZ..

Is there any  exemption is available in the purchase of capital goods itself  or we shall submit for refund. Kindly give us the procedure to be adopted in this regard for refund of Excise duty / Exemption.

Thank you

Ravikumar

 

AI Summary

Exploring Excise Duty Exemptions for Power Plant Construction: Key Insights on Capital Goods and FTP Exemption. A query was raised regarding the availability of exemptions or refunds on Central Excise duty for a power plant under construction, specifically in relation to the purchase of capital goods and the Foreign Trade Policy (FTP) exemption, which is comparable to Special Economic Zones (SEZ). The response advised consulting Rule 18 and 19 of the Central Excise Rules to address the query about procedures for obtaining a refund or exemption.