TMI Blog2000 (11) TMI 1084X X X X Extracts X X X X X X X X Extracts X X X X ..... is still not entitled to claim deferment of tax to the extent of 90 per cent, inasmuch as the cement industry is included in annexure B which contains a list of those industries which are ineligible to get the benefit of deferment of tax. There is a specific benefit granted to a large scale cement unit, whether it be new very prestigious unit or otherwise, and that it may have its deferment onl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eme for Industries, 1989" that even though the appellant may have been a new very prestigious industry it is still not entitled to claim deferment of tax to the extent of 90 per cent, inasmuch as the cement industry is included in annexure B which contains a list of those industries which are ineligible to get the benefit of deferment of tax. However, second proviso to clause 2(j) provides that a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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