Customs exemption for captive power generation equipment permits reduced tariff and waives additional duty subject to certification. Exempts machinery and equipments for generation of electrical power of specified capacity and their component parts from specified customs duty and from additional duty under section 3 of the Customs Tariff Act, subject to the condition that imports are for captive power generation by an industrial plant and that authorised certificates confirming requirement or specifying component parts and quantities are produced at clearance; excludes specified fuel-driven generating sets and goods imported as project imports and adopts definitions by reference to Project Imports Regulations and an earlier customs notification.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Customs exemption for captive power generation equipment permits reduced tariff and waives additional duty subject to certification.
Exempts machinery and equipments for generation of electrical power of specified capacity and their component parts from specified customs duty and from additional duty under section 3 of the Customs Tariff Act, subject to the condition that imports are for captive power generation by an industrial plant and that authorised certificates confirming requirement or specifying component parts and quantities are produced at clearance; excludes specified fuel-driven generating sets and goods imported as project imports and adopts definitions by reference to Project Imports Regulations and an earlier customs notification.
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