Odisha

No Import Fee & Excise Duty On Methanol; Check Other Decisions Of Odisha Cabinet

By
OB Bureau

Bhubaneswar: The Odisha government has approved exemption of stamp duty of Rs 3.37 crore and registration fee of Rs 1.13 crore for lease deed of 53.27 acre government land and 54.43 acre private land in favour of Airports Authority of India (AAI) for development of Veer Surendra Sai Airport at Jharsuguda.

The decision, taken by the state cabinet presided over by Chief Minister Mohan Charan Majhi on August 7, was announced by Parliamentary Affairs Minister Mukesh Mahaling in the Assembly on Tuesday.

This was in accordance with the agreement signed between Odisha government and AAI to develop the airport as the second commercial airport of the state, the Minister added.

Mahaling further informed that the government has decided to exempt import fee and excise duty on methanol (methyl alcohol) for production of biodiesel by taking it out from the purview of the Odisha Excise Act 2008.

The proposal to provide 1.710 decimal land on lease for expansion of the composite regional centre under Swami Vivekanand National Institute of Rehabilitation Training and Research (SVNIRTAR) to facilitate provision of more amenities for specially challenged persons also got the go-ahead of the cabinet.

The Minister said that the land will be provided without any premium or other expenditure and an exemption of Rs 11.07 crore.

OB Bureau

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