Import of second hand Wind Generation Equipment — Need for
careful valuation
Circular No. 5/96-Cus dated 8-2-1996
[From F. No. 467/7/96-Cus.V]
Government of India
Ministry of Finance (Department of Revenue)
Central Board of Excise & Customs, New Delhi
Import of second hand Wind Generation Equipment - Subject
: Need for
careful valuation - Regarding.
I am directed to enclose herewith a copy of the letter of
the Ministry of Non-Conventional Energy Sources regarding import of second hand
obsolete Wind Generation Equipment being imported into India. There is a strong
possibility of these Wind Turbines being heavily under-valued. You are,
therefore, requested to advise all the field formations to make a careful
assessment of the valuation of these Turbines. Any development in this regard
may be reported to the Board urgently.