Substantial expansion definition broadened to cover new investments creating additional employment, excluding debt repayment or existing equipment. Amendment defines Substantial Expansion to extend concessions to all new investments by existing entrepreneurs that lead to substantial additional employment without insisting on major expansion, and excludes credit under the Industrial Policy Package if it is merely for paying off old debts or for equipment already in place.
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.
Substantial expansion definition broadened to cover new investments creating additional employment, excluding debt repayment or existing equipment.
Amendment defines Substantial Expansion to extend concessions to all new investments by existing entrepreneurs that lead to substantial additional employment without insisting on major expansion, and excludes credit under the Industrial Policy Package if it is merely for paying off old debts or for equipment already in place.
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