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De-Reservation of 14 items from items reserved from SSI Sector

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..... De-Reservation of 14 items from items reserved from SSI Sector - News and Press Release Dated:- 16-10-2008 - News - De-Reservation of 14 items from items reserved from SSI Sector The Government has taken major policy measures since the early 1990's for making Indian industry, including its crucial Small Scale Sector, competitive to unleash its growth potential. One of the crucial measures .....

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..... have been the gradual and calibrated removal of restriction in the form of reservation of items to be exclusively produced in the Small Scale Sector. This policy has been undertaken essentially to: To increase the competitiveness of industry. * To facilitate adequate flow of credit. * To upgrade technology so that the product produced are of world class and competitive in the global market. .....

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..... * Enable Indian industry to compete with imports. * To achieve the economies of scale. * Promote creation of job opportunities The pace for de-reservation of the items has accelerated since 2005. Number of items de-reserved in 2005, 2006 and 2007 were 108, 180 and 212 respectively. In February 2008, 79 more items were de-reserved. Thus, from 2005 onwards Government has de-reserved 579 ite .....

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..... ms and only 35 items were remaining for exclusive manufacture in the SSI Sector. The Government has decided to further de-reserve another 14 items. With this de-reservation, only 21 items will remain in the list of the items which can be exclusively manufactured in the Small Scale Sector. The list of 14 items de-reserved on 10th October, 2008 is as below LIST OF ITEMS DE-RESERVED ON .....

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..... 10.10.2008 FROM THE LIST OF ITEMS FOR EXCLUSIVE MANUFACTURE IN SMALL SCALE SECTOR Sno. Sno. (as per gazette notification) PRODUCT CODE NAME OF THE PRODUCT (1) (2) (3) (4) 20-21 FOOD AND ALLIED INDUSTRIES 1. 16 21920101 Ground and processed spices other than spice oil and Oleo resin spices .....

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..... 303 PLASTIC PRODUCTS 2. 126 301201 Full PVC footwear chappals, sandals and shoes 3. 133 30350101 Polythylene Films with thickness less than 0.10 mm except co-extruded film cross linked polymer films and high density molecular films. 4. 134 30350102 Products of polythylene films as coloured printed films .....

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..... bags. 5. 136 303702 Polypropylene tubular films (except biaxially oriented) INJECTION MOULDING THERMO-PLASTIC PRODUCTS: 6. 235 310645 Diethyl phthalate 7. 236 310646 Diocytyl phthalate 8. 242 312405 Chlorinated paraffin wax (upto 60% Chlorine c .....

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..... ontent) OTHER CHEMICALS AND CHEMICAL PRODUCTS 9. 256 310111 Barium carbonate 10. 279 310337 Zinc sulphate--other than manufactured by a primary metal producer as a by-product GLASS AND CERAMICS 11. 393 341001015 Doors, windows and ventilators metallic excluding heavy duty hollow steal doors filled with n .....

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..... on-metallic cores, suitable for special applications like security, fire protection, sound proofing and bullet penetration resistance). 12. 464 343627 Builders hardware 36 Electrical machines, appliances apparatus including electronics Electrical Appliances 13. 553 36040201 Electric motor 1 H.P. to 10 H.P.-A.C. .....

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..... except - Special types 14. 587 363804 Electrical wiring accessories other than switches, plugs and sockets. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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