Seeks to reduce Basic Customs Duty from 10/7.5 % to 5% on all items of machinery required for (a) initial setting up of fuel cell based system for generation of power or for demonstration purposes and (b) for balance of systems operating on biogas or bio-methane or by-product hydrogen

Seeks to reduce Basic Customs Duty from 10/7.5 % to 5% on all items of machinery required for (a) initial setting up of fuel cell based system for generation of power or for demonstration purposes and (b) for balance of systems operating on biogas or bio-methane or by-product hydrogen https://www.taxtmi.com/circulars?id=59795 Basic Customs Duty reduced to 5% on machinery for initial setting up of fuel cell based power or demonstration systems and on balance of system components operating on biogas, bio methane or by product hydrogen; the change is notified by Notification No. 05/2017 customs and published for guidance of importers, clearing agents and the trading public via the Department of Revenue/CBEC website. en-us Thu, 02 Feb 2017 00:00:00 +0530 Thu, 21 Feb 2019 10:00:00 +0530 TaxTMI RSS Generator Seeks to reduce Basic Customs Duty from 10/7.5 % to 5% on all items of machinery required for (a) initial setting up of fuel cell based system for generation of power or for demonstration purposes and (b) for balance of systems operating on biogas or bio-methane or by-product hydrogen https://www.taxtmi.com/circulars?id=59795 Basic Customs Duty reduced to 5% on machinery for initial setting up of fuel cell based power or demonstration systems and on balance of system components operating on biogas, bio methane or by product hydrogen; the change is notified by Notification No. 05/2017 customs and published for guidance of importers, clearing agents and the trading public via the Department of Revenue/CBEC website. Circulars Customs Thu, 02 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=59795