The benefit of the scheme of deferred payment of tax shall not be available to the following new industrial units, namely :-
(A) (1) flour mills (excluding roller flour mills);
(2) oil mills (excluding solvent extraction plants);
(3) dall mills;
(4) saw mills;
(5) rice mills;
(6) printing presses of all types;
(7) cotton ginning and pressing factories;
(8) ice factories;
(9) such other industries as may be notified by the Government from time to time.
(B) industrial units undertaking expansion, modernisation or diversification;
(C) a closed unit revived by an entrepreneur;
(D) units claiming interest-free loans as an existing unit establishing a new unit;
(E) an industrial unit set up by transferring or shifting or dismantling an existing industry.
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