https://www.taxtmi.com/news?id=12258 Extension grants a 15% Central Capital Investment Subsidy on investment in plant and machinery with a raised ceiling for MSMEs; available to new units and substantial expansions in notified areas and to designated thrust industries, provided units pre-register, commence commercial production before the cut off date and file claims within one year. Substantial expansion requires at least a 25% increase in fixed capital investment in plant and machinery; second hand machinery purchases are excluded and a unit cannot obtain both Central and State subsidy for the same purpose. en-us Wed, 15 Jan 2014 15:19:25 +0530 Wed, 15 Jan 2014 15:19:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12258 Extension grants a 15% Central Capital Investment Subsidy on investment in plant and machinery with a raised ceiling for MSMEs; available to new units and substantial expansions in notified areas and to designated thrust industries, provided units pre-register, commence commercial production before the cut off date and file claims within one year. Substantial expansion requires at least a 25% increase in fixed capital investment in plant and machinery; second hand machinery purchases are excluded and a unit cannot obtain both Central and State subsidy for the same purpose. News - Wed, 15 Jan 2014 15:19:25 +0530 https://www.taxtmi.com/news?id=12258