Availability of excise duty exemption to the units which have already availed of exemption under New Industrial Policy for another 10 years by way of 2nd substantial expansion in the State of Jammu & Kashmir – Clarification – Regarding

Excise duty exemption repeatability permitted for units undertaking a second substantial expansion when conditions of the current notification are met.

An existing unit that availed excise duty exemption earlier by substantial expansion may avail exemption again by a second substantial expansion under the later state-wide notification, provided it satisfies the eligibility criteria and procedural modalities specified in that notification; the earlier and later notifications operated through a refund mechanism, contained no sunset clause or explicit bar on repeat benefits, and administrative guidance is to be issued to field formations and taxpayers.