Amendment in Notification No. 10(3)2007 DBA-II/NER, dated the 27th July, 2007 in regard to the Central Capital Investment Subsidy Scheme, 2007 - No.1(5)/2010-SPS - Indian Law
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Capital investment subsidy for MSME units expanded to cover additional plant and machinery investments until scheme expiry. The amendment defines Micro, Small and Medium Enterprises by reference to section 7(1) of the Micro, Small and Medium Enterprises Development Act, 2006, and extends subsidy eligibility for MSME industrial units to include additional investment in plant and machinery for first and subsequent substantial expansions and on commencing commercial production or becoming operational on or after 6 January 2011, subject to sectoral ceilings and admissible until the scheme's operation for the North Eastern Region.
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.
Capital investment subsidy for MSME units expanded to cover additional plant and machinery investments until scheme expiry.
The amendment defines Micro, Small and Medium Enterprises by reference to section 7(1) of the Micro, Small and Medium Enterprises Development Act, 2006, and extends subsidy eligibility for MSME industrial units to include additional investment in plant and machinery for first and subsequent substantial expansions and on commencing commercial production or becoming operational on or after 6 January 2011, subject to sectoral ceilings and admissible until the scheme's operation for the North Eastern Region.
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