Export-linked eligibility for tax incentive where new manufacturers meet a high-export-sales threshold for the prior year. The amendment inserts an export-linked eligibility clause into Section 10A(2) providing that an undertaking which begins manufacturing or production on or after the relevant commencement date qualifies under Section 10A only if its exports constitute the prescribed substantial proportion of its total sales during the previous year; the clause takes effect from the statute's specified effective date.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Export-linked eligibility for tax incentive where new manufacturers meet a high-export-sales threshold for the prior year.
The amendment inserts an export-linked eligibility clause into Section 10A(2) providing that an undertaking which begins manufacturing or production on or after the relevant commencement date qualifies under Section 10A only if its exports constitute the prescribed substantial proportion of its total sales during the previous year; the clause takes effect from the statute's specified effective date.
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