PROMOTIONAL PRIVILEGES Sample Clauses

PROMOTIONAL PRIVILEGES. The Company has received promotional privileges from the Board of Investment for the manufacture of canned vegetables, pursuant to the promotion certificate No. 1089/2542 issued on 31 March 1999. Subject to certain imposed condition, the privileges include an exemption from corporate income tax for a period of 8 years from the date the promoted operations commenced generating revenues (6 August 2001) and a 50% reduction of corporate income tax on income derived from the promoted operations for a period of 5 years after the tax-exemption period ends. Revenues of the Company for the three-month periods ended March 31, 2010 and 2009 are below divided between BOI promoted activities and Non - BOI promoted activities. In Thousand Baht BOI promoted Non-BOI promoted Total For the three-month periods ended March 31, For the three-month periods ended March 31, For the three-month periods ended March 31, 2010 2009 2010 2009 2010 2009 Sales - 54,612 506,541 616,653 506,541 671,265
Sample 1
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PROMOTIONAL PRIVILEGES. As a promoted company, the Company must comply with certain terms and conditions prescribed in the promotional certificate. Summary of revenue from promoted and non-promoted businesses for the three-month and nine-month ended September 30, 2019 and 2018 are as follow: Separate Financial Statement (In Thousand Baht) Promoted operations Non-promoted operations Total 2019 2018 2019 2018 2019 2018 For the three-month period ended 30 September Revenue from domestic sales 9,027 21,390 95,230 59,077 104,257 80,467 Revenue from export sales 648,371 451,015 172,301 416,067 820,672 867,082 Total Revenue 657,398 472,405 267,531 475,144 924,929 947,549 For the nine-month period ended 30 September Revenue from domestic sales 19,032 21,389 442,263 59,712 461,295 81,101 Revenue from export sales 1,081,478 1,322,763 649,178 1,095,779 1,730,656 2,418,542 Total Revenue 1,100,510 1,344,152 1,091,441 1,155,491 2,191,951 2,499,643
Sample 1
PROMOTIONAL PRIVILEGES. As a promoted company, the Company must comply with certain terms and conditions prescribed in the promotional certificate. Summary of revenue from promoted and non-promoted businesses for the three-month ended March 31, 2019 and 2018 are as follow: Separate Financial Statement (In Thousand Baht) Promoted operations Non-promoted operations Total 2019 2018 2019 2018 2019 2018 Revenue from export sales 149,804 332,322 183,836 315,976 333,640 648,298 Revenue from local sales 10,004 - 71,234 - 81,238 - Total Revenue 159,808 332,322 255,070 315,976 414,878 648,298 26. FAIR VALUE OF FINANCIAL INSTRUMENTS The Company uses the market approach to measure their assets and liabilities that are required to be measured at fair value by relevant financial reporting standards, except that the cost approach or income approach is used when there is no active market or when a quoted market price is not available. Fair value hierarchy Level 1 - Use of quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2 - Use of inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly (e.g. prices) or indirectly (e.g. derived from prices). Level 3 - Use of unobservable inputs such as estimates of future cash flows. As at March 31, 2019, the Company had the following assets and liabilities that were measured at fair value using different levels of inputs as follows :- In Thousand Baht Consolidate financial statement/Separate financial statement Level 1 Level 2 Level 3 Total Assets Fixed income fund - 150,435 - 150,435 Total - 150,435 - 150,435 Valuation techniques on fair value and inputs for Level 2 valuations
Sample 1
PROMOTIONAL PRIVILEGES. Subsidiaries obtained promotional privileges from the Board of investment under the promotional certificate issued on November 17, 2016 for manufacturing of metal product. Under these privileges, the Company has received an exemption from certain taxes and corporate income tax as specified in such promotional certificate for a period of 7 years, commencing from the first date the subsidiary generates income from operations. As a promoted business, the subsidiary is required to comply with the terms and conditions as specified in such promotional certificate. The subsidiary has not started production from investment promotion benefits and privileges
Sample 1

Related to PROMOTIONAL PRIVILEGES

  • Promotional Criteria Subject to the utilisation of the skills, as required by the Employer, an employee remains at this level until he/she has developed the skills to allow the employee to effectively perform the tasks required of this function and is assessed to be competent to perform effectively at a higher level or has successfully completed appropriate training to ASF level 1 and has the demonstrated skills to perform at a higher level. An employee must be prepared to undertake appropriate training. LEVEL 3

  • Sales Promotions In addition to decreasing prices for the balance of the Contract term due to a change in market conditions, the Contractor may conduct sales promotions involving price reductions for a specified lesser period. The Contractor must submit documentation identifying the proposed: (1) starting and ending dates of the promotion, (2) commodities or contractual services involved, and (3) promotional prices compared to then-authorized prices.

  • WORK AUTHORIZATIONS The State will issue work authorizations using the form included in Attachment D (Work Authorizations and Supplemental Work Authorizations) to authorize all work under this contract. The Engineer must sign and return a work authorization within seven (7) working days after receipt. Refusal to accept a work authorization may be grounds for termination of the contract. The State shall not be responsible for actions by the Engineer or any costs incurred by the Engineer relating to work not directly associated with or prior to the execution of a work authorization. Terms and conditions governing the use of work authorizations are set forth in Attachment A, General Provisions, Article 1.

  • Promotions The anniversary date of a promoted employee is determined as for a new employee in Subsection 5.3.A above.

  • Promotion A promotion shall mean the transfer of an employee to a higher level position of more responsibility as well as salary.

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