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No import duty on Chinese power equipment

Friday, 23 Apr 2010
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The Union Government on 22 April 2010 decided not to levy new duty on imports of Chinese power equipment.

The government had discussion with the stakeholders on the issue and it was decided to maintain the current level of duty on power equipment imports.

At present, 5 per cent customs duty is imposed on equipment imported for projects awarded through the ICB process, while there is no duty on power equipment sourced for mega projects with a capacity of 1,000 MW and above.

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