TaxTMI 
TaxTMI 
Tuff Benefit and SHIS
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....uff Benefit and SHIS<br> Query (Issue) Started By: - harkirat singh Dated:- 7-11-2013 Last Reply Date:- 16-11-2015 Customs - Exim - SEZ<br>Got 1 Reply<br>Customs<br>Dear Sir, We have taken Tuff benef....
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....it from Ministry of Textiles. TUFF was granted to our company in 2008-2009. We have purchase indigenous Machines of approx. Rupees 1 crores. We have taken loan from Bank for Rs. 1 crore to purchase of....
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.... machinery. On this loan, we are paying interest of 13 percent at reducing balance to bank every year, terms loan is for 7 years. From Ministry of Textiles we are getting 5 percent subsidy on interest....
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.... amount every year i.e., we are getting interest subsidy for the period 01/04/2008 to 31/03/2014. We have also received capital subsidy at the rate of 10 percent of machine cost under TUF Scheme, Dur....
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....ing the year 2008-09. Kindly advice can we apply for SHIS for Year 2010-11, 2011-12 & 2012-2013. Reply By MARIAPPAN GOVINDARAJAN: The Reply: Whether you have got clarified in the above issue? If no....
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....t please inform.<br> Discussion Forum - Knowledge Sharing ....