Renaming the Clean Energy Cess as Clean Environment Cess, the government today proposed to raise the cess on coal, lignite and peat from the current Rs 200 a tonne to Rs 400 per tonne.
"I propose to rename the Clean Energy Cess levied on coal, lignite and peat as Clean Environment Cess and simultaneously increase its rate from Rs 200 per tonne to Rs 400 per tonne," Finance Minister Arun Jaitley said in his Budget speech for 2016-17 in the Lok Sabha. The government had increased the Clean Energy Cess from Rs 100 to 200 per tonne of coal to finance clean environment initiatives for 2015-16.
This website and its content is copyright of Indian Wind Turbine Manufacturers Association - © . All rights reserved.
Any redistribution or reproduction of part or all of the contents in any form is prohibited other than the following:
you may print or download to a local hard disk extracts for your personal and non-commercial use only
you may copy the content to individual third parties for their personal use, but only if you acknowledge the website as the source of the material
You may not, except with our express written permission, distribute or commercially exploit the content. Nor may you transmit it or store it in any other website or other form of electronic retrieval system.Close