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October 21, 2015 Anand Gupta 0

Clarification regarding exemption to parts and Components of Wind Operated Electricity Generators (WOEG)

October 21, 2015 Anand Gupta

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References were received from trade regarding availability of exemption from Central Excise duty to the parts and components of Wind Operated Electricity Generators (WOEG) (popularly called wind turbines), under Notification No. 12/2012-Central Excise, dated 17.03.2012. To reduce litigation and to improve ease of doing business in the important sector of non-conventional energy, Central Board of Excise and Customs(CBEC), Department of Revenue, Ministry of Finance has issued circular No. 1008/15/2015, dated 20.10.2015 to clarify that parts such as tower, nacelle, rotor, blades, wind turbine controller etc. of WOEG are eligible for exemption from Central Excise duty.

Anand Gupta Editor - EQ Int'l Media Network

Clarification regarding exemption to parts and Components of Wind Operated Electricity Generators (WOEG)