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TMI BlogUnits availing excise Exemption in Uttarakhand / Himachal Pradesh are free to increase production & start manufacturing new goods after 1.4.10X X X X Extracts X X X X X X X X Extracts X X X X ..... Units availing excise Exemption in Uttarakhand / Himachal Pradesh are free to increase production & start manufacturing new goods after 1.4.10 - News and Press Release Dated:- 23-12-2010 - News - Notification Nos. 49/2003-CE and 50/2003-CE both dated 10.06.2003 which provide full exemption from excise duties to goods cleared from industrial units in the states of Uttarakhand and Himachal Pra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... desh for a period of ten years from the date of commencement of commercial production. The exemption is available to new units set up or existing units which have undergone substantial expansion in terms of the said notifications and commence commercial production before the cut-off date, that is, on or before 31.3.2010 XXXX The provisions of these notifications do not place a bar or restrict ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion on any addition/modification in the plant or machinery or on the production of new products by an eligible unit after the cut-off date and during the exemption period of ten years as per the notification. Therefore, it is clarified that in all the above situations, the benefit of the excise duty exemption under the notifications would continue to be available to eligible industrial units. How ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ever the period of exemption would remain ten years and would not get extended on account of such modifications or additions under any circumstances. See: 939 /29/2010-CX - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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