Doing Business in India - RSM Austria

Sr.
No.
Nature of activity and location
The renovation / modernization
should result into increase in plant
and machinery by at least 50% of
the book value of such plant and
machinery as on 1 April 2004.
Type of Quantum of
organization exemption
Number of
years
i.(c) Undertaking owned by Indian Indian 100% Any 10
Company (formed before 30 Company
consecutive
N ove m b e r 20 0 5 ) s e t u p fo r
reconstruction or revival of a power
years out of
first 15 years
generating unit, which has commenced
operations in power before 31 March
2011.
i.(d)
Industrial undertaking located in
industrially backward districts of
categories A and B notified by Central
Government, manufacturing or
producing articles or things (except
specified low priority items) or to
operate its cold storage plant or plants
which has commenced operations
during 1 October 1994 to 31 March
2004.
A. Set up in category 'A' districts for all
the assesses:
Company
Co-operative
Society
Others
100%
30%
100%
25%
100%
25%
First 5 years
Next 5 years
First 5 years
Next 7 years
First 5 years
Next 5 years
B. Set up in category 'B’ districts for all
the assesses:
Company 100%
30%
Co-operative
Society
100%
25%
Others 100%
25%
First 3 years
Next 5 years
First 3 years
Next 9 years
First 3 years
Next 5 years
ii. Industrial undertaking other than (i) Company 30% First 10 years
above, manufacturing or producing
articles or things (except specified low Co-operative 25% First 12 years
priority items) or operating cold Society
storage plant which has commenced its
operations during 1 April 1991 to 31
March 1995. However, a small scale
industrial undertaking manufacturing Others 25% First 10 years
and producing any article or thing and
c o m m e n c i n g m a n u f a c t u r i n g
operations or operating cold storage
plant from 1April 1995 to 31 March 2002
is eligible.
106
DOING BUSINESS IN INDIA