Industrial park tax benefits: eligibility granted subject to infrastructure, unit composition, operation and compliance conditions. Notification designates M/s. Annapurna Builders' undertaking as an industrial park under Section 80-IA(4)(iii), subject to conditions requiring specified area allocation, a minimum number of industrial units, and minimum infrastructure and built-up investment thresholds. Infrastructure must include common roads, water, sewerage, effluent treatment, telecom and power provided on commercial terms. Tax benefits are available only after the minimum unit threshold is met and while the developer continues park operations. Approval may be invalidated for material misrepresentation, undisclosed changes to the project plan, duplicate location approvals, or non-compliance, and transfer of operation must be notified to the designated authority.
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Industrial park tax benefits: eligibility granted subject to infrastructure, unit composition, operation and compliance conditions.
Notification designates M/s. Annapurna Builders' undertaking as an industrial park under Section 80-IA(4)(iii), subject to conditions requiring specified area allocation, a minimum number of industrial units, and minimum infrastructure and built-up investment thresholds. Infrastructure must include common roads, water, sewerage, effluent treatment, telecom and power provided on commercial terms. Tax benefits are available only after the minimum unit threshold is met and while the developer continues park operations. Approval may be invalidated for material misrepresentation, undisclosed changes to the project plan, duplicate location approvals, or non-compliance, and transfer of operation must be notified to the designated authority.
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