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    <title>Deemed export benefits to Talcher Super Thermal Power project Stage II (4 X 500 MW), for Power Generation</title>
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    <description>The DGFT, invoking Paragraph 2.4 of the Export and Import Policy, 2002-2007 and Paragraph 1.1 of the Handbook of Procedures, amends transitional arrangements to require M/s NTPC to return the cash equivalent of deemed export benefits availed by suppliers for Talcher Super Thermal Power Project Stage II because World Bank funding was not available. The return obligation covers benefits under Advance Intermediate Licence/Special Imprest Licence and deemed export drawback up to 31 March 2000, and refunds of terminal excise duty from 1 April 2000 onwards.</description>
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    <pubDate>Thu, 10 Oct 2002 00:00:00 +0530</pubDate>
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      <description>The DGFT, invoking Paragraph 2.4 of the Export and Import Policy, 2002-2007 and Paragraph 1.1 of the Handbook of Procedures, amends transitional arrangements to require M/s NTPC to return the cash equivalent of deemed export benefits availed by suppliers for Talcher Super Thermal Power Project Stage II because World Bank funding was not available. The return obligation covers benefits under Advance Intermediate Licence/Special Imprest Licence and deemed export drawback up to 31 March 2000, and refunds of terminal excise duty from 1 April 2000 onwards.</description>
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