Relocated Machinery Qualifies New Unit for Area-Based Exemption Under Notification No. 50/2003 CE.

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....Area based exemption - change of assessee - Benefit of N/N. 50/2003 CE dated 10/06/2003 - The benefit of exemption will be available to the new unit provided they are able to satisfy the revenue authorities that it is the same machinery which has been shifted to the new premises. - AT....