excise expemtion
Prem Ruhela
Dear Sir, As per new circular no. 939 dt.22.10.10 of excise, can we avail excise exemption for new expention if we setup new expnetion plant in other place in uttarakhand ? thanks Prem ruhela
Excise Exemption Clarified: Only Pre-Cut-Off Date Expansions Eligible, New Units Post-Date Ineligible Under Circular No. 939 A query was raised regarding the eligibility for excise exemption under circular no. 939 dated 22.10.10 for setting up a new expansion plant in Uttarakhand. The response clarified that only expansions made before the specified cut-off date for existing plants are eligible for exemption. Any new units or expansions established after this cut-off date do not qualify for the excise exemption. (AI Summary)
TaxTMI
TaxTMI