Excise Exemption to Mega and Ultra Mega Power Projects - CBEC specifies projects
ALL items of machinery, including prime movers, instruments, apparatus and appliances, control gear and transmission equipments, power cables used within the power generation plant, auxiliary equipment, etc, used for setting up of an ultra-mega power project, or supplied to mega power projects or for expansion of an existing mega power project are exempted vide sl. Nos 337, 338 and 339 of Notification No. 12/2012 - CE dated 17.03.2012.
Now, the Government has specified the mega power projects, ultra-mega power projects and existing projects which would be eligible for the exemption.
Notification No. dated: September 10, 2012