Comments
In a boost to non-conventional energy generation, the Central Board of Excise and Customs on Tuesday issued a notification clarifying that parts such as tower, nacelle, rotor, blades and wind turbine controller of wind operated electricity generators are eligible for exemption from excise duty.
This is “to reduce litigation and to improve ease of doing business in the important sector of non-conventional energy,” said an official statement.
The notification came in response to queries raised by trade bodies and field formations of the CBEC after a Supreme Court ruling in August this year on the eligibility of wind mill doors and electrical boxes of wind-operated electricity generators for exemption from central excise.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.