Amendments in the notification No. 21/2002-Customs, dated the 1st March, 2002
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....; New Delhi, the 2nd March 2007  ....
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.... Dabhol, District Ratnagiri (Maharashtra) (B) Liquefied natural gas imported for the purpose of generating power, by any other Liquefied Natural Gas Mega Power Project, which - (i) is established with an installed power generation capacity of 2000 MW or more, with integrated Liquefied Natural Gas re-gasification facility; (ii) became defunct and is subsequently restructured and revived through a Special Purpose Vehicle in the nature of a project company owned by the Public Sector Undertakings as per a restructuring and revival proposal approved by the Central Government; and (iii) supplies the power generated in such project to any State Electricity Board under a Power Purchase Agreement Nil ....
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....i) register with the Assistant Commissioner of Central Excise or Deputy Commissioner of Central Excise having jurisdiction over their plant as if they were manufacturers of excisable goods; (ii) furnish a copy of the agreement signed with the importer for import and supply of LNG; (iii) undertake to maintain account for receipt of LNG, imported and supplied by the said importer, and consumption of the same for use in the generation of power at their Dabhol plant; (iv) furnish a copy of the bill of entry for LNG imported for supply to them; (v) submit a quarterly statement indicating opening stock, receipt of the imported LNG, consumption, closing stock and quantity not used for intended purpose, if any, value....
TaxTMI