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New Industrial Units Must Qualify for Exemption Under Notification N/N FD.11.CET.93(3) for VAT and Sales Tax Benefits.

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Full Text of the Document

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....Benefit of exemption notification - Essential requirement for claiming exemption under N/N FD.11.CET.93(3) dated 31.03.1993, a unit should fall within the ambit of “new industrial unit” - SC....