PUBLIC NOTICE NO. 42(RE-02), DT. 10/10/2002
- Document type
- Circular
- Reference no.
- F
- Dated
- Category
- Public Notices w.e.f 01/04/2002
Deemed export benefits to Talcher Super Thermal Power project Stage II (4 X 500 MW), for Power Generation
Subject: Deemed export benefits to Talcher Super Thermal Power project Stage II (4 X 500 MW), for Power Generation.
In case of Talcher Super Thermal Power Project StageII (4X500MW), since the World Bank funding was not available, M/s NTPC shall have to return the cash equivalent of the following deemed export benefits availed by the suppliers for this project:
- i) Benefits obtained under Para 10.3 (a) (Advance Intermediate Licence/ Special Imprest Licence) and Para 10.3 (b) (Deemed export drawback) of Exim Policy, 1997-2002 (Revised Edition: March, 1999) up to 31.3.2000.
ii) Benefits obtained under Para 10.3 ( c) (Refund of Terminal Excise duty) of Exim Policy, 1997-2002 ( Revised Edition: March, 2001)/Para 8.3 (c ) (Refund of Terminal Excise duty) of Exim Policy, 2002-2007 for the period from 1.4.2000 onwards.
(L. Mansingh)
Director General of Foreign Trade
By order etc.
(P.K.Santra)
Deputy Director General of Foreign Trade