Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Industrial Park Scheme, 2008

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... meaning as assigned to it in section 92A of the Act; (d) commercial activity means any activity which is not an industrial activity; (e) common facility means facilities required for proper functioning of industrial park and commonly shared by all the units located in the industrial park and include facilities like lifts, corridors, industrial canteens, convention/ conference halls, parking, travel desks, security service, first aid centre, ambulance, safety service training facilities; (f) date of commencement means the date of obtaining the completion certificate or occupation certificate, as the case may be, from the relevant local authority, certifying thereby that all the required development activities for the project have been completed; (g) Form means a form appended to this Scheme; (h) industrial park means a project in which plots of developed space or built up space or a combination, with common facilities and quality infrastructure facilities, is developed and made available to the units for the purposes of industrial activities or commercial activities in accordance with this scheme; (i) infrastructure facility means facilities required for develop .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... units of an associated enterprise, shall occupy more than twenty five per cent of the allocable area; (7) The industrial park should be owned by only one undertaking; and (8) Industrial units shall undertake only manufacturing activity as defined in section D of the National Classification, 2004, Code issued by the Central Statistical Organisation, Department of Statistics. 5. General Conditions.- (1)The industrial park shall be construed as developed on the date of commencement. (2) Tax benefits under the Act will be available to the undertaking only after minimum number of thirty units are located in the Industrial Park. (3) The tax benefits under the Act will be available to the undertaking only if the undertaking and the industrial park have been notified by Central Board of Direct Taxes under section 80-IA of the Act. (4) The tax benefits under the Act will be available only to the undertaking notified by the Central Government and not to any other person who may subsequently develop, develops and operates or maintains and operates the notified industrial park, for any reason. (5) The undertaking must keep separate book of accounts for the industrial pa .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Indian or OCB Company (3) State Industrial Government Corporation (9) Foreign or Non Resident Indian Individual (4) Cooperative Undertaking (10) Partnership Firm (5) Joint Sector Undertaking (11) Registered Societies (6) Private Sector Undertaking (12) Any other (please specify) 1.IV Equity structure in the undertaking:- (a) Total Equity of the undertaking (in Rs. Crores)_________________ (b) Equity structure (Give brief details of entities holding the equity in the undertaking) S. No. Details of entity Percentage of equity held a) Public holding b) Private holding Total (c) Details of entities holding more than 20 per cent. of equity in the undertaking:- Name_______________________________ Post address__________________________ .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 2.V (a) Proposed investment (Amount in rupees in lakhs) (b) Investment on Infrastructure Development (Amount in rupees in lakhs) (c) Percentage of (b) to (a) (d) Complete details of infrastructure facilities proposed to be provided in the industrial park S. No. Item of infrastructure Investment (Rs. In lakhs) 2.VI Total foreign equity existing (Amount in rupees in lakhs) ___________________ 2.VII Expected or Actual Date of Commencement of Industrial Park ______________ .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... er than the 31 st of March 2009; (b) The area allocated or to be allocated to industrial Yes/No units shall not be less than ninety per cent of the allocable area; (c) There shall be a minimum of thirty industrial Yes/No units located in a industrial park; (d) For the purpose of computing the minimum Yes/No number of industrial units; all units of a person and his associated enterprises will be treated as a single unit. (e) The minimum constructed floor area shall Yes/No not be less than 50,000 square meters; (f) No industrial .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ______________________________________________________ Post address_____________________________________________________ Pin Code_______________________________________________________ Tel. No.________________________________________________________ Fax No.________________________________________________________ Email__________________________________________________________ Permanent Account No.___________________________________________ Percentage of proposed equity holding________________________________ 4. Address of location of Industrial Park (Indicate complete address) Plot No.________________________________________________________ Name of the Building (if any)_______________________________________ Survey Number__________________________________________________ Village_________________________________________________________ Taluka or Tehsil__________________________________________________ District_________________________________________________________ State__ .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... X Date of commencement of Industrial Park 6. Detail of industrial units located in the park: S. No. Name Permanent Account Number (PAN) Nature of manufacturing activity Allocable area 7. List the names of industrial units out of _________________ names listed at 6 above, who are associated _________________ .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates