Import of Capital Goods under EPCG Scheme for set-up of new Power plant, Central Excise

[vinay wakde]

I would like to ask following clarification :-

(1) Whether EPCG benefit is available for power Project.

(2) What will be the status if the Power producer uses for captive consumption?

(3) What is the status of EPCG benefit if he sells the power

(4) Is it obligatory on the part of the importer to reverse the duty if the power plant is availing benefit under EPCG in the event of non fulfillment of Captive power consumption. If the answer is yes, what is the amount to be reversed.

(5) Is he liable to pay interest and penalty for non fulfillment of EPCG requirement.

Regards,

VINAY

Posts / Replies

[r.rajkumar kumar]

to my undaerstand epgc scheme agains export oblication.for power project may be some other scheme and exemption in indoa.