Examples of New Industrial Unit in a sentence
New Industrial Unit: "New Industrial Unit" means an industrial unit in which commercial production has commenced within five years from 01.04.2016.
The Exemption Notifications contained various eligibility conditions in respect of quantum of investment, period of setting up a New Industrial Unit, period for commencing commercial production etc and the procedure to be complied with in order to avail the exemption.
New Industrial Unit means an industrial Industrial unit which has come into commercial production between 15th November , 2000 and 31st March , 2005.
New Industrial Unit means an industrial unit which has come into commercial production between 15th November,2000 and 31st March, 2005.
While the said Notification dated 31.7.2001 came to be amended from to time, and the date for setting up a New Industrial Unit and the date of Commencement of commercial production came to be extended till 31.12.2005, the said promise of availability of 100% exemption of actual duty paid, for 5 years remained constant.