HB Vol.1 - Deemed Export - Power Project - DGFT - 13 (RE-99)/1997-2002

HB Vol.1 - Deemed Export - Power Project Public Notice No. 13 (RE-99)/1997-2002 dated 8th June, 1999 In exercise of powers conferred under paragraph 4.11 of the Export and Import policy, 1997-2002, as notified in the Gazette of India extraordinary, Part-II-Section 3-Sub- section (ii) vide S.O. No. 283(E) dated 31.3.97, the Director General of Foreign Trade hereby makes the following amendment in the Handbook of Procedures (Vol.1) (RE-99), 1997-2002. However, supply of goods required for setting up of any mega power projects specified in list 33 of Department of Revenue notification No.63/99 dated 13.5.99, shall be eligible for deemed exports benefits as mentioned in paragraph 10.33(a)(b) (c) (d) of the Exim Policy, if such mega power project is -(a) an inter-state hydel power plant of a capacity of 1500 MW or more; or (b) an inter-state hydel power plant of a capacity of 500MW or more; as certified by an officer not below the rank of a Joint Secretary, Government of India in the Ministry of Power". This issues in public interest. Sd/- (N.L.Lakhanpal) Director General of Foreign Trade Issued by: Government of India Ministry of Commerce New Delhi.