PN No. 13/(RE-99)/1997-2002 Dated 18-06-1999
- Document type
- Circular
- Reference no.
- C
- Dated
- Category
- Public Notices w.e.f 01/04/1999
HB Vol.1 - Deemed Export - Power Project
In exercise of powers conferred under paragraph 4.11 of the Export and Import policy, 1997-2002, as notified in the Gazette of India extraordinary, Part-II-Section 3-Sub- section (ii) vide S.O. No. 283(E) dated 31.3.97, the Director General of Foreign Trade hereby makes the following amendment in the Handbook of Procedures (Vol.1) (RE-99), 1997-2002.
However, supply of goods required for setting up of any mega power projects specified in list 33 of Department of Revenue notification No.63/99 dated 13.5.99, shall be eligible for deemed exports benefits as mentioned in paragraph 10.33(a)(b) (c) & (d) of the Exim Policy, if such mega power project is (a) an inter-state hydel power plant of a capacity of 1500 MW or more; or (b) an inter-state hydel power plant of a capacity of 500MW or more; as certified by an officer not below the rank of a Joint Secretary, Government of India in the Ministry of Power".
This issues in public interest.
Sd/-
(N.L.Lakhanpal)
Director General of Foreign Trade
Government of India
Ministry of Commerce New Delhi.