Central Excise - Notification No. 36/87-C.E., dated 1-3-1987, as amended and Notification No. 124/87-C.E., dated 29-4-1987, as amended - Whether applicable to 'substantial expansion' 'modernisation' units

Central Excise - Notification No. 36/87-C.E., dated 1-3-1987, as amended and Notification No. 124/87-C.E., dated 29-4-1987, as amended - Whether applicable to 'substantial expansion' 'modernisation' units - Clarification regarding https://www.taxtmi.com/circulars?id=6681 Concessional duty under the notifications is available only where a new, independent factory is created; a unit resulting from substantial expansion qualifies if it is independent of the existing factory in all respects, whereas mere expansion or modernisation of an existing factory does not attract the notifications' benefits. en-us Mon, 17 Apr 1989 00:00:00 +0530 Sat, 04 Jul 2009 16:04:00 +0530 TaxTMI RSS Generator Central Excise - Notification No. 36/87-C.E., dated 1-3-1987, as amended and Notification No. 124/87-C.E., dated 29-4-1987, as amended - Whether applicable to 'substantial expansion' 'modernisation' units - Clarification regarding https://www.taxtmi.com/circulars?id=6681 Concessional duty under the notifications is available only where a new, independent factory is created; a unit resulting from substantial expansion qualifies if it is independent of the existing factory in all respects, whereas mere expansion or modernisation of an existing factory does not attract the notifications' benefits. Circulars Central Excise Mon, 17 Apr 1989 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6681