Govt Waives Customs Duty On Nuclear Power Equipment Imported Since 2019
New Delhi, June 12 -- The Finance Ministry has waived customs duties on goods imported for nuclear power generation, extending retrospective tax relief to eligible imports made between April 1, 2019 and January 31, 2026. Customs Duty Waiver Granted For Nuclear Power Imports According to a government order issued on June 11, the exemption applies to specified goods imported for nuclear power projects under designated customs tariff categories, reported Business Standard. The move is expected to reduce project costs for nuclear power operators and equipment suppliers by providing duty relief on imports used in the sector during the nearly seven-year period. The latest decision follows the Union Budget 2026 announcement, in which the governm...
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