Customs duty exemption for goods imported for power projects limits payable duty to specified ad valorem rates, excluding captive plants. Exempts goods under heading 98.01 imported for power projects from customs duty to the extent that duty exceeds specified ad valorem rates shown in the Table; establishes two category-specific ad valorem ceilings and excludes captive power plants set up by undertakings engaged primarily in activities other than power generation.
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Customs duty exemption for goods imported for power projects limits payable duty to specified ad valorem rates, excluding captive plants.
Exempts goods under heading 98.01 imported for power projects from customs duty to the extent that duty exceeds specified ad valorem rates shown in the Table; establishes two category-specific ad valorem ceilings and excludes captive power plants set up by undertakings engaged primarily in activities other than power generation.
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