TMI BlogGUIDELINES FOR POWER GENERATION, TRANSMISSION AND DISTRIBUTION IN SPECIAL ECONOMIC ZONES (SEZs)X X X X Extracts X X X X X X X X Extracts X X X X ..... supersession of all previous guidelines issued by this Ministry, the following guidelines are hereby prescribed for generation, transmission and distribution of power in Special Economic Zones:- (i) A power plant, including non-conventional energy power plant, to be set up by developer/co-developer in an SEZ as part of infrastructure facility will be in the Non-processing Area of SEZ only, and will be entitled to fiscal benefits only for its initial setting up and no fiscal benefit would be admissible for its operation and maintenance. There will be no obligation to achieve positive Net Foreign Exchange (NFE) for such power plants. Such a power plant can supply power to DTA after meeting the power requirement of the SEZ subject to p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be entitled to all the fiscal benefits covered under section 26 of the SEZ Act including the benefits for initial setting up, maintenance and the duty free import of raw materials and consumables for the generation of the power. Such duty free imports of capital goods, raw material and consumables etc. would be counted towards the NFE obligations of the unit. This facility will also be extended to R D facilities, Fabless Semi-conductor Industry, EMS Electronic Manufacturing Services and such other sectors as may be decided by the Central Government, from the date of incorporations of these sectors in rule 5A of the SEZ Rules, 2006 . They can sell power to DTA on payment of customs duty as determined by DoR keeping in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ther SEZs/EOUs from such power plants. The surplus power generated in such power plants may be transferred to DTA, without payment of duty, keeping inconsideration of the fact that no duty free benefits on raw materials, consumables, etc. have been availed for generation of such power. However, those power plants not having the capacity of the mega power plant, as given in DoR Notification No. 21/2002-Customs dated 1-3-2002, will be required to pay duty for sale in DTA, on account of duty free import of capital goods, as determined by DoR. 2. These guidelines would be effective with effect from 16th February, 2016. 3. This has the approval of Hon'ble Commerce Industry Minister. - Circular - Trade Notice - Public Notice - In ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
