https://www.taxtmi.com/circulars?id=54299 Power plants by developers in SEZs must be in the Non-Processing Area and receive fiscal benefits only for initial setting up; no O&M benefits are admissible and no NFE obligation applies. Captive power plants located in the Processing Area are treated as units, subject to NFE obligations, entitled to full fiscal benefits under section 26 including O&M and duty-free inputs, and may sell to DTA subject to customs duty as determined by the Department of Revenue. IT/ITES and specified sectors requiring uninterrupted power may locate generation in the Processing Area with full benefits. Backup and transitional provisions vary by location and prior approval. en-us Tue, 16 Feb 2016 00:00:00 +0530 Wed, 24 Feb 2016 09:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54299 Power plants by developers in SEZs must be in the Non-Processing Area and receive fiscal benefits only for initial setting up; no O&M benefits are admissible and no NFE obligation applies. Captive power plants located in the Processing Area are treated as units, subject to NFE obligations, entitled to full fiscal benefits under section 26 including O&M and duty-free inputs, and may sell to DTA subject to customs duty as determined by the Department of Revenue. IT/ITES and specified sectors requiring uninterrupted power may locate generation in the Processing Area with full benefits. Backup and transitional provisions vary by location and prior approval. Circulars SEZ Tue, 16 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54299