https://www.taxtmi.com/caselaws?id=311515 The Customs Authority for Advance Rulings, Mumbai ruled that a private undertaking establishing solar power plants in Maharashtra is eligible for concessional customs duty rates under notification 230/1986-Cus. The AAR held that solar power projects fall within the definition of "power plant" under the Project Import Regulations, as the law does not restrict benefits to specific types of power generation. The authority determined that electrical power from various sources including solar qualifies for the exemption, and restricting benefits to particular power plant types would be perverse interpretation of the clear notification language. en-us Wed, 06 Jul 2022 00:00:00 +0530 Sat, 30 Dec 2023 08:30:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311515 The Customs Authority for Advance Rulings, Mumbai ruled that a private undertaking establishing solar power plants in Maharashtra is eligible for concessional customs duty rates under notification 230/1986-Cus. The AAR held that solar power projects fall within the definition of "power plant" under the Project Import Regulations, as the law does not restrict benefits to specific types of power generation. The authority determined that electrical power from various sources including solar qualifies for the exemption, and restricting benefits to particular power plant types would be perverse interpretation of the clear notification language. Case-Laws Customs Wed, 06 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311515