Specified Articles List in Schedule Nine defines industries eligible for special tax schedule treatment and related amendments. Schedule Nine enumerates a specified list of industrial articles and goods afforded special treatment under the Income tax Act, naming metals, machinery, ... Summary
Taxation Laws (Amendment & Miscellaneous Provisions) Act, 1986
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Specified Articles List in Schedule Nine defines industries eligible for special tax schedule treatment and related amendments.
Schedule Nine enumerates a specified list of industrial articles and goods afforded special treatment under the Income tax Act, naming metals, machinery, power equipment, vehicles, ships, aircraft, paper, textiles, chemicals, fertilisers, leather goods and related heavy industry products. The Schedule's operative scope has been modified by multiple legislative insertions, substitutions and omissions, and contains an explicit exclusion: pesticide formulations are not included unless prepared by the manufacturer of the base pesticide chemicals.
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