Exemption to mega power projects - Indiabulls to Rattan India - Govt Amends Notifications
LIST 32A in Customs Notification 12/2012-Customs, dated the 17th March, 2012 lists mega power projects eligible for exemption. Sr. No. 82 of the list is the project of Indiabulls Power Ltd.
Similarly in Central Excise Notification No. 12/2012-Central Excise, dated the 17th March, 2012, List 11 has mega power projects eligible for exemption. Sr. No. 75 of the list is the project of Indiabulls Power Ltd.
The name of Indiabulls Power Ltd was changed to Rattan India Power Ltd with effect from 30th October 2014. The Government has amended both the above notifications to change the name of Indiabulls to Rattan India.
Notification No., Dated: April 17, 2015
Notification No., Dated: April 17, 2015