21% duty on power equip import
The government decided to slap 21 per cent duty on imports of power equipment, mainly to protect domestic companies from cheap Chinese shipments. The Cabinet has approved 5 per cent basic customs duty, 12 per cent counter-veiling duty and 4 per cent special additional duty on import of power gear. At present, equipment imported for projects of less than 1,000 mw capacity attract 5 per cent customs duty, while those above that enjoy exemption. against cheap imports, especially from China.