New Delhi, Oct 20 (KNN)  The Central Board of Excise and Customs (CBEC)  has issued a notification to clarify that certain parts such as tower, nacelle, rotor, blades and wind turbine controller are eligible for exemption from central excise duty. 

“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,” an official release said today.

The circular is available on the official website www.cbec.gov.in

The circular has been issued in response to references 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.  (KNN Bureau)