Interest subsidy eligibility: Service, biotechnology and power units treated as industrial units for capital subsidy on specified components. The amendment treats service sector, biotechnology and power generating establishments as industrial units for Central Interest Subsidy Scheme eligibility, treating the operational/functional date as commencement of commercial production. It specifies qualifying capital components for each sector (excluding land, consumables, disposables and working capital), requires cheque/D.D. transactions, Chartered Accountant and Architect certifications, CPWD relatable building costs, statutory registration and State physical verification, mandates NEDFi scrutiny before SLC consideration, and provides for referral to the Department of Industrial Policy and Promotion to resolve disputes on essentiality of items.
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Provisions expressly mentioned in the judgment/order text.
Interest subsidy eligibility: Service, biotechnology and power units treated as industrial units for capital subsidy on specified components.
The amendment treats service sector, biotechnology and power generating establishments as industrial units for Central Interest Subsidy Scheme eligibility, treating the operational/functional date as commencement of commercial production. It specifies qualifying capital components for each sector (excluding land, consumables, disposables and working capital), requires cheque/D.D. transactions, Chartered Accountant and Architect certifications, CPWD relatable building costs, statutory registration and State physical verification, mandates NEDFi scrutiny before SLC consideration, and provides for referral to the Department of Industrial Policy and Promotion to resolve disputes on essentiality of items.
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