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TMI BlogAmendment in Notification No.10(3)/2007-DBA-II/NER dated the 27th July, 2007 titled ‘Central Comprehensive Insurance Scheme, 2007’.X X X X Extracts X X X X X X X X Extracts X X X X ..... Scheme, all units falling under Service Sectors, Bio-technology and Power Generation Industries mentioned in para 3 I, II and III will be treated as industrial units . Since these units are not engaged in any manufacturing activity, the date of their being operational/functional will be treated as the date of commencement of commercial production for the purpose of their eligibility for benefits/incentives under this Scheme. (f) For the purpose of this Scheme in respect of Service Sector, Bio-technology Industry and Power Generating Industries referred to in para 3 I, II and III, the components / items as indicated below against each sector will be taken into account for determining the eligible amount of subsidy, if any, under this ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rectly related to the service rendered including class room equipments, machine room equipments, laboratory equipments and essential furniture and fixtures but excluding disposable items/components, will be taken in account. II. BIOTECHNOLOGY INDUSTRY : Equipment, accessories, spares essential for carrying out biotechnical process (s) at laboratory, pilot or commercial scale and the civil infrastructure necessary to adequately have the same shall collectively be defined as Plant Machinery (except the cost of land). It, however, does not include the solvents, chemicals, reagents and other consumables, required for biotechnology process (s). III. POWER GENERATING INDUSTRIES: In calculating the value of generating plant ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ct of the cost of the project must be through cheque/demand draft. (2) All expenses/cost of the project submitted by the unit must be certified by a registered Chartered Accountant. (3) The building plan and the cost of construction of building must be certified by a registered Architect. (4) The cost of construction of the building should be relatable to the CPWD rates/norms as prescribed from time to time. (5) The building should not be in violation of the prescribed norms/guidelines by the concerned authority. (6) If the structure of a particular unit is carved out of a building already existing, only that structure will be taken into account for the purpose of determining the quantum of subsidy. In such cases, the cost of ..... X X X X Extracts X X X X X X X X Extracts X X X X
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