{"id":531341,"date":"2022-10-25T09:16:24","date_gmt":"2022-10-25T03:46:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=531341"},"modified":"2022-10-25T09:45:48","modified_gmt":"2022-10-25T04:15:48","slug":"solar-projects-cant-use-concessional-duty-as-govt-seeks-to-curb-imports-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/solar-projects-cant-use-concessional-duty-as-govt-seeks-to-curb-imports-2\/","title":{"rendered":"Solar projects can&#8217;t use concessional duty as govt seeks to curb imports"},"content":{"rendered":"<p>Solar power project developers will not be able to avail themselves of concessional import duty of 7.5 per cent and avoid the existing basic customs duty (BCD) levied on imports: the impact of a policy update that is likely to lead to increase the cost of production. <\/p>\n<p>The Central Board of Indirect Taxes and Customs issued Project Imports (Amendment) Regulations, 2022 on Thursday. &#8220;In the Project Imports Regulations, 1986, against Sr. No. 2, in column 2, and in Sr. No. 3, in column 2, for the words &#8216;All Power Plants and Transmission Projects&#8217;, the words &#8216;All Power Plants and Transmission Projects, other than solar power plants or solar power projects,&#8217; shall be substituted,&#8221; it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solar power project developers will not be able to avail themselves of concessional import duty of 7.5 per cent and avoid the existing basic customs duty (BCD) levied on imports: the impact of a policy update that is likely to lead to increase the cost of production. The Central Board of Indirect Taxes and Customs issued Project Imports (Amendment) Regulations, 2022 on Thursday. &#8220;In the Project Imports Regulations, 1986, against Sr. No. 2, in column 2, and in Sr. No. 3, in column 2, for the words &#8216;All Power Plants and Transmission Projects&#8217;, the words &#8216;All Power Plants and Transmission [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-531341","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/531341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=531341"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/531341\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=531341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=531341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=531341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}