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of <h1>India Extends Mega Power Project Certification Deadline to 120 Months, Validity of Security Now 126 Months.</h1> The Government of India, under the Ministry of Finance, has issued Notification No. 20/2017-Customs, amending Notification No. 12/2012-Customs. This amendment extends the deadline for submitting the final Mega Power Project certificate from 60 to 120 months and prolongs the validity of security, such as Fixed Deposit Receipts or Bank Guarantees, from 66 to 126 months for provisional mega power projects. These changes are enacted under the powers of the Customs Act, 1962, and are deemed necessary in the public interest.
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