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28(RE-2009)/2009-14, Dated: 08/02/2010

TO BE PUBLISHED IN THE GAZETTE OF INIDA (EXTRAORINDARY)

PART II, SECTION 3, SUB-SECTION (ii)

GOVERNMENT OF INDIA

MINISTRY OF COMMERCE AND INDUSTRY

DEPARTMENT OF COMMERCE

NOTIFICATION NO. 28/2009-2014

NEW DELHI 8^th February 2010

Subject: Amendment in Chapter 8 of FTP regarding Mega Power Project

S.O (E)- In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 read with paragraph 1.3 of the Foreign Trade Policy (FTP), 2009-2014, the Central Government hereby makes the following amendments in FTP, 2009-2014.

Following sentence shall be added at the end of the first line of Paragraph 8.4.4 (iv):

“However, in regard to mega power projects, the requirement of ICB would not be mandatory, if the requisite quantum of power has been tied up through tariff based competitive bidding or if the project has been awarded through tariff based competitive bidding.”

This issues in public interest.

(R.S. Gujral)

Director General of Foreign Trade and

Ex-officio Special Secretary to the Government of India

(F.No. 01/92/180/162/AM 08/PC VI)

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Who We Are

GST India Solution is an effort of firm of professionals who welcome implementation of GST. This is an interactiveplatformthat aspires to disseminate right knowledge to professionals, practitioners and public at large. This platform has beenfloatedbya firm of Chartered Accountants relentlessly working in field of direct and indirect taxes since early 1985.

Goods & Service Tax

Our core competence is statutory compliance, advisory, corporate tax planning and appellate matters of direct and indirect taxesandcorporate training sessions on GST.

The senior partner of the firm has to his credit several professional publications viz., Delhi Sales Tax Right to Use Goods Act, Delhi VAT, Maharashtra VAT, West Bengal VAT, Haryana VAT published by Taxmann. Madhya Pradesh VAT and Chhattisgarh VAT were published by Suvidha Law House, Bhopal. He has also addressed seminars on indirect taxes organized by professional bodies like ICAI, IMA, NIFM etc. and has also contributed articles on subjects of pro. . . . .