https://www.taxtmi.com/notifications?id=24505 Paragraph 8.4.4(iv) of the FTP is amended so suppliers to non-mega power projects are entitled to deemed export benefits only under paragraph 8.3(a) (Advance Authorisation/Advance Authorisation for annual requirement/DFIA). Supply of capital goods and spares up to 10% FOR value to power projects is eligible for deemed export benefits where ICB was followed at IPP/EPC stage; ICB is not mandatory for mega projects if power is tied up or awarded through tariff based competitive bidding. Deemed export benefits also apply to renovation, modernization and eligible mega project setup/expansion subject to Customs Notification thresholds. en-us Wed, 28 Dec 2011 00:00:00 +0530 Wed, 02 May 2012 14:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=24505 Paragraph 8.4.4(iv) of the FTP is amended so suppliers to non-mega power projects are entitled to deemed export benefits only under paragraph 8.3(a) (Advance Authorisation/Advance Authorisation for annual requirement/DFIA). Supply of capital goods and spares up to 10% FOR value to power projects is eligible for deemed export benefits where ICB was followed at IPP/EPC stage; ICB is not mandatory for mega projects if power is tied up or awarded through tariff based competitive bidding. Deemed export benefits also apply to renovation, modernization and eligible mega project setup/expansion subject to Customs Notification thresholds. Notifications DGFT Wed, 28 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/notifications?id=24505