Project Imports (Amendment) Regulations, 2022

Seeks to amend Project Import Regulations, 1986 by notifying Project Imports (Amendment) Regulations, 2022 | Notification No. 54/2022-Customs|Dated: 19th October, 2022.

MINISTRY OF FINANCE

(Department of Revenue)

New Delhi

Notification No. 54/2022-Customs|Dated: 19th October, 2022

G.S.R. 783(E).—In exercise of the powers conferred by section 157 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs hereby makes the following regulations further to amend the Project Imports Regulations, 1986, namely:-

1. Short title and commencement. –

(1) These regulations may be called the Project Imports (Amendment) Regulations, 2022.

(2) They shall come into force on the 20th day of October, 2022.

2. In the Project Imports Regulations, 1986, in the Table, –

(i) against Sr. No. 2, in column 2, for the words “All Power Plants and Transmission Projects”, the words “All Power Plants and Transmission Projects, other than solar power plants or solar power projects,” shall be substituted;

(ii) against Sr. No. 3, in column 2, for the words, figures and symbols “Power Plants & Transmission Projects other than those mentioned at Sl. No. 2 above.”, the words, figures and symbols “Power Plants and Transmission Projects, other than solar power plants or solar power projects and other than those mentioned at Sr. No. 2 above.” shall be substituted;

(iii) against Sr. No. 3FF, in columns 2 and 3, after item (xi) and the entries relating thereto, the following items and entries shall be inserted, namely: –

[F. No. CBIC-190341/35/2022-TRU Section-CBEC]

VIKRAM VIJAY WANERE, Under Secy.

Note : The principal notification No. 230/1986-Customs, dated the 3^rd April, 1986 published in the Gazette of India, vide number G.S.R. 580(E), dated the 3^rd April, 1986 and was last amended vide notification No. 10/2021-Customs, dated the 1^st February, 2021, published vide number G.S.R. 68(E), dated the 1^st February, 2021.