Import duty benefits under Custom Notification 50/2017(T) S.No.414

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....mport duty benefits under Custom Notification 50/2017(T) S.No.414<br> Query (Issue) Started By: - BRIJMOHAN GOYAL Dated:- 14-9-2018 Last Reply Date:- 14-9-2018 Customs - Exim - SEZ<br>Got 2 Replies<br>Customs<br>Sir, We are importing Raw material , Components etc for manufacture and supply of Power Plant Equipment. We are importing with concessional custom duty under Custom Notification 50/2017 a....

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....t S.No. 414 against Essentially Certificate (EC) issued by Authority as per notification. We need confirmation for :- (1) Benefit of this notification is applicable for items Import by Manufacturer and dispatched to Project Site without any value addition i.e. directly from Port of discharge to Project Site. (2) Benefits of this notification is also applicable for Spares to be supplied to Proje....

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....ct , which will be used by Project Authority later on for maintenance of plant i.e Supply from Plant without any value addition. Regards, BM Goyal Reply By Rajagopalan Ranganathan: The Reply: Sir, Sl. No. 414 of Notification No. 50/2017-Cus. (T) dated 30.6.2017 as amended stipulates that &quot;All goods falling under Chapter 84 or any other Chapter, imported by a manufacturer- supplier for th....

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....e manufacture and supply of machinery and equipment to a power generation plant (other than captive power generation plant)&quot; is subjected to concessional rate of duty prescribed by the Notification. Therefore, in my opinion, the concessional rate is not applicable to machinery and equipment imported as such and supplied to the Project Authority without subjecting them to any manufacturing pr....

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....ocess. The same will hold good for spare3s imported and supplied. Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: I endorse the views of Shri Rajagopalan.<br> Discussion Forum - Knowledge Sharing ....