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of <h1>Central Government Revises Customs Rules for Captive Power Plants, Adjusting Duty Exemptions and Import Criteria for Generating Sets.</h1> The Central Government has amended several customs notifications concerning captive power plants and related components. Key changes include adjustments to the classification and exemption criteria for captive generating sets exceeding and up to 1000 KVA capacity, as well as spares, fuel, lubricants, and consumables. Specific amendments have been made to conditions and clauses within the notifications, affecting importation, duty exemptions, and handling of goods within export processing zones. Additionally, provisions for furnace oil in textile units and re-imported goods due to buyer non-delivery have been updated. These amendments are intended to streamline customs procedures and exemptions.
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