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Suspension of benefits under North East Industrial and Investment Promoton Policy (NEIIPP) 2007 by DIPP and its bearing on Central Excise duty Exemption

Central Excise - 1012/19/2015-CX - Dated:- 2-12-2015 - Circular No.1012/19/2015-CX F. No. 332/03/2014-TRU Government of India Ministry of Finance (Department of Revenue) Tax Research Unit New Delhi, the 2nd December, 2015 To, All Chief Commissioners of Central Excise. All Chief Commissioners of Customs & Central Excise. Subject: Suspension of benefits under North East Industrial and Investment Promotion Policy (NEIIPP), 2007 by DIPP and its bearing on Central Excise duty Exemption - Regardin .....

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the schemes under North East Industrial and Investment Promotion Policy (NEIIPP), 2007 with effect from 1.12.2014 vide OM No.10(1)/2014-DBA-II/ER dated 01.12.2014. 3. The matter has been examined in the Ministry in consultation with the DIPP. Fresh registrations for the schemes under NEIIPP, 2007 have been suspended by the DIPP essentially due to shortage of funds allocated to DIPP. Therefore, DIPP OM No.10(1)/2014- DBA-II/NER dated 01.12.2014 has not suspended the entire package of incentives .....

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