Notification No. 83/2006-Cus Dated 28/8/2006
Amendments in the Notification No. 21/2002-Cus - Exemption to LNG-
In exercise of the powers
conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of
1962), the Central Government, on being satisfied that it is necessary in the
public interest so to do, hereby makes the following further amendments in the
notification of the Government of India in the Ministry of Finance (Department
of Revenue), No. 21/2002-Customs, dated the 1st March, 2002, G.S.R.118(E), dated
the 1st March, 2002, namely:-
In the said notification, in
the Table, against S.No.77A, for the entry in column (3), the following entry
shall be substituted, namely:-
" Liquefied Natural
Gas, imported for the purpose of generating power by,-
(a) Ratnagiri Gas and Power
Private Limited at their power project at Dabhol, District Ratnagiri, (
(b) 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.
F.No.354/130/2005-TRU
(Ajay)
Under Secretary to the Government of
Note: The
principal notification No.21/2002-Customs, dated the 1st March, 2002 was
published in the Gazette of India, Extraordinary, vide G.S.R.118(E), dated the
1st March, 2002 and was last amended by notification No.80/2006- Customs, dated
the 11th August, 2006 [G.S.R. 479(E), dated 11th August, 2006