CUS NTF NO. 13/2014 DATE 11/07/2014
Seeks to amend notification No. 81/2005-Customs, dated the 08th September, 2005 so as to reduce BCD to 5% on machinery required for setting up of compressed bio-gas (Bio-CNG) projects.
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, 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. 81/2005- Customs, dated the 8th September, 2005, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 569(E), dated the 8th September, 2005, namely:
In the said notification,-
(a) in the opening paragraph, after the words "initial setting up of a project for generation of power", the words, brackets and letters "or generation of compressed bio-gas (BioCNG)" shall be inserted;
(b) in condition (i), after the words "initial setting up of a project for the generation of power", the words, bracket and letters " or compressed bio-gas(Bio-CNG), as the case may be," shall be inserted;
(c) in condition (ii), for the words "the importer proves", the words "in the case of projects for the generation of power, the importer proves" shall be substituted.
[F.No.334/15/2014-TRU]
(Pramod Kumar)
Under Secretary to the Government of India
Note: The principal notification was published in the Gazette of India, Extraordinary, Part II, Section-3, Sub-section (i), vide number G.S.R. 569(E), dated the 8 th September, 2005 and was last amended by notification No 118/2010-Cus., dated the 18th November, 2010 vide number G.S.R. 918(E), dated the18th November, 2010.
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