Investment limit for small scale and ancillary undertakings reduced, tightening plant and machinery eligibility under industrial policy. The Government reduced the investment limit for plant and machinery qualifying units as small scale or ancillary industrial undertakings, applying the revised ceiling to investment in fixed assets in plant and machinery whether held on ownership terms, lease, or hire purchase, while maintaining the existing lower threshold for tiny units.
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.
Investment limit for small scale and ancillary undertakings reduced, tightening plant and machinery eligibility under industrial policy.
The Government reduced the investment limit for plant and machinery qualifying units as small scale or ancillary industrial undertakings, applying the revised ceiling to investment in fixed assets in plant and machinery whether held on ownership terms, lease, or hire purchase, while maintaining the existing lower threshold for tiny units.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.