Tax approval for infrastructure enterprise subject to compliance and audit reporting requirements and conditional withdrawal on noncompliance. Approval is granted to M/s Viraj Agro Products (P) Ltd for tax exemption treatment under section 10(23G) read with rule 2E for its bulk liquid storage terminals at Jawaharlal Nehru Port, subject to conformity with the statutory provisions. The approval may be withdrawn if the enterprise ceases the infrastructure activity, fails to maintain and audit books of account as required by sub rule (7) of rule 2E, or fails to furnish the required audit report.
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Tax approval for infrastructure enterprise subject to compliance and audit reporting requirements and conditional withdrawal on noncompliance.
Approval is granted to M/s Viraj Agro Products (P) Ltd for tax exemption treatment under section 10(23G) read with rule 2E for its bulk liquid storage terminals at Jawaharlal Nehru Port, subject to conformity with the statutory provisions. The approval may be withdrawn if the enterprise ceases the infrastructure activity, fails to maintain and audit books of account as required by sub rule (7) of rule 2E, or fails to furnish the required audit report.
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