https://www.taxtmi.com/article/detailed?id=56 Notification No. 50/2003-CE exempts excise duty for units in designated areas that are either new or have undergone substantial expansion; substantial expansion requires accretion in installed capacity through additional plant and machinery and may be achieved using second hand machines so long as the installed capacity increases by the requisite quantum. The notification does not define "New Industrial Unit", creating uncertainty over qualification where units are shifted, relocated, or undergo mere change of ownership, and judicial and administrative guidance leaves some interpretive ambiguity. en-us Tue, 19 Dec 2006 00:00:00 +0530 Sat, 23 Oct 2010 11:05:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=56 Notification No. 50/2003-CE exempts excise duty for units in designated areas that are either new or have undergone substantial expansion; substantial expansion requires accretion in installed capacity through additional plant and machinery and may be achieved using second hand machines so long as the installed capacity increases by the requisite quantum. The notification does not define "New Industrial Unit", creating uncertainty over qualification where units are shifted, relocated, or undergo mere change of ownership, and judicial and administrative guidance leaves some interpretive ambiguity. Articles Central Excise Tue, 19 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=56