https://www.taxtmi.com/circulars?id=52991 Industrial license validity is extended to three years. Extension applications must be submitted to the Administrative Ministry sixty days before expiry (or with justification); any changes to company details or licensed capacity must be endorsed on the license. Where applicable, consult the Ministry of Home Affairs and the State Government, with MHA involvement limited to board/key personnel changes and mandatory for defence/explosive sectors. Applicants must show land ownership/lease for thirty years, commencement of construction (local body certificate), and orders for plant and machinery. Transfers, suspensions or cancellations during the period preclude extension. Renewals are for two years and licenses without production within five years lapse; extensions may be approved by the Joint Secretary without Licensing Committee referral. en-us Wed, 02 Jul 2014 00:00:00 +0530 Thu, 28 Aug 2014 18:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52991 Industrial license validity is extended to three years. Extension applications must be submitted to the Administrative Ministry sixty days before expiry (or with justification); any changes to company details or licensed capacity must be endorsed on the license. Where applicable, consult the Ministry of Home Affairs and the State Government, with MHA involvement limited to board/key personnel changes and mandatory for defence/explosive sectors. Applicants must show land ownership/lease for thirty years, commencement of construction (local body certificate), and orders for plant and machinery. Transfers, suspensions or cancellations during the period preclude extension. Renewals are for two years and licenses without production within five years lapse; extensions may be approved by the Joint Secretary without Licensing Committee referral. Circulars FEMA Wed, 02 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52991