https://www.taxtmi.com/news?id=15012 The amendment revises the initial validity of the Industrial Licence for the defence sector by extending the initial term and the further extendable term for both existing and future licences, while requiring a fresh application where a licence has already expired; the change is intended to address long gestation periods of defence contracts and to promote ease of doing business. en-us Tue, 22 Sep 2015 18:29:54 +0530 Tue, 22 Sep 2015 18:29:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15012 The amendment revises the initial validity of the Industrial Licence for the defence sector by extending the initial term and the further extendable term for both existing and future licences, while requiring a fresh application where a licence has already expired; the change is intended to address long gestation periods of defence contracts and to promote ease of doing business. News - Tue, 22 Sep 2015 18:29:54 +0530 https://www.taxtmi.com/news?id=15012