Finance Ministry Waives Customs Duty on Nuclear Power Equipment Imported Between 2019 and 2026



Quick Summary
The Ministry of Finance has officially waived customs duty on specific nuclear power generation equipment imported into India. This exemption covers goods imported from April 1, 2019, up to January 31, 2026. The move regularises a long-standing industry practice and provides certainty to businesses, preventing retrospective duty demands and supporting the growth of India's nuclear energy sector.

The Ministry of Finance has issued Notification No. 53/2026-Customs (N.T.), clarifying that customs duty will not be payable on certain nuclear power generation equipment imported into India between April 1, 2019, and January 31, 2026. The notification, issued by the Department of Revenue on June 11, 2026, addresses a long-standing industry practice regarding the import of goods classified under tariff item 8401 30 00, which are used for the generation of nuclear power. Background of the Exe
Daily Limit Reached

You have reached your daily limit of 2 Free News

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Community
  • Daily E-Newsletter
  • Unlimited News Access
  • Profile Visitors
  • Link Social Profiles
  • Featured Job Posts
  • Pro Badge
  • Expert GST Guidance
  • Unlimited Forum Replies
  • Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)

BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)

View all CCI PRO benefits

Already a PRO member? Login here for an ad-free experience.

FAQ :

The Ministry of Finance has announced that customs duty will not be payable on certain nuclear power generation equipment imported into India between April 1, 2019, and January 31, 2026.

The exemption applies to goods classified under tariff item 8401 30 00, which are used for the generation of nuclear power.

The waiver covers imports made during the period from April 1, 2019, to January 31, 2026.

No, importers of eligible nuclear power generation equipment will not face retrospective customs duty demands for imports made during the specified period.

The notification provides legal certainty and relief to businesses, avoiding disputes and reducing compliance burdens, thereby supporting India's nuclear energy infrastructure and clean energy goals.

The Central Government invoked powers under Section 28A of the Customs Act, 1962, to issue this directive.




News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

Comments :


More »


Popular News





CCI Pro



Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details