Excise exemption eligibility limited to new or substantially expanded units meeting production commencement and capacity-increase conditions. The amendments restrict excise exemptions to units meeting two eligibility conditions: new industrial units that commence commercial production within the prescribed window, and pre-existing units that undertake a substantial expansion by increasing installed capacity by not less than twenty-five per cent and commence commercial production from the expanded capacity within the prescribed window.
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.
Excise exemption eligibility limited to new or substantially expanded units meeting production commencement and capacity-increase conditions.
The amendments restrict excise exemptions to units meeting two eligibility conditions: new industrial units that commence commercial production within the prescribed window, and pre-existing units that undertake a substantial expansion by increasing installed capacity by not less than twenty-five per cent and commence commercial production from the expanded capacity within the prescribed window.
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