Amends notification No. 15/2010-Central Excise - Exempts all items of machinery, and components, required for initial setting up of a solar power generation project or facility. - 26/2012 - Central Excise - Tariff

India Exempts Excise Duty on Machinery for Solar Projects; Certification and Undertaking Required for Compliance

The Government of India has amended Notification No. 15/2010-Central Excise to exempt machinery and components needed for setting up solar power projects from excise duties. The amendment requires a Deputy Secretary from the Ministry of New and Renewable Energy to recommend the exemption, certifying the necessity of goods for the project. Additionally, the project's CEO must provide an undertaking to ensure goods are used solely for the project. Non-compliance will result in the project developer paying the excise duty that would have been applicable without the exemption.