Deemed grant of fiscal concessions to Producer Company ensures continuity of licences and exemptions after transformation. All fiscal and related statutory advantages, including licences, concessions, benefits, privileges and exemptions granted to an inter-State cooperative ... Summary
Deemed grant of fiscal concessions to Producer Company ensures continuity of licences and exemptions after transformation.
All fiscal and related statutory advantages, including licences, concessions, benefits, privileges and exemptions granted to an inter-State cooperative society in connection with its affairs and business shall be deemed to have been granted to the Producer Company with effect from the date of transformation, ensuring continuity of those entitlements under any law in force.
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