Plant & Machinery. Means new plant & machinery and imported second hand machinery and installation expenditure capitalized for plant & machinery, capital interest during construction cost not exceeding 5% of the total fixed capital investment.
Plant & Machinery means and includes plant & machinery, pollution control laboratory and equipments of pollution control, plants and equipments for research, testing equipments installed at the industry premises of the Industrial Unit and the capital investment / expenditure made on their installation and transport.
Plant & Machinery means and includes plant & machinery, pollution control laboratory, plant and equipment for research testing equipments installed at the premises of factory establishment, Note: Investment on such leasehold plant, machinery and equipment, obtained for a minimum period of 10 years, which is directly connected with the production of registered product, will also be considered towards investment in the plant & machinery and its valuation will be done according to the “Accounting Standard (A.S.) 19, Lease Procedure and Measurement” published by the Institute of Chartered Accountants of India but such lease value shall not be more than the value of Plant/Machinery in any case.
Examples of Plant & Machinery in a sentence
CLAUSE: 33 HIRE OF PLANT AND MACHINERY i) The contractor shall arrange at his own expense all tools, plants, machinery and equipment (hereinafter referred to as T & P) required for execution of the work except for the Plant & Machinery listed in Schedule 'C' and stipulated for issue to the contractor.
No idle charges or compensation shall be paid for idling of the Contractor’s labour, staff or Plant & Machinery etc.
The Manufacturing Enterprise are defined in terms of investment in Plant & Machinery.
Similarly list of Plant & Machinery available on hand and proposed to be inducted and hired for the tendered work.
Incase of Plant & Machinery /Sophisticated laboratory equipments the charges of AMC valid at least for 3-3 years must also be quoted.
More Definitions of Plant & Machinery
Plant & Machinery means new indigenous /imported plant and machinery, utilities including cost of transportation, foundation, erection, installation and electrification. Note: The value of plant and machinery as erected at tourism unit site shall be considered.
Plant & Machinery means the machinery, equipment, tooling, computer and information technology equipment necessary for the production, manufacture, packaging and distribution of the NTC Products, which includes such equipment (i) owned by SM (ii) leased or licensed by SM or (iii) leased or licensed to SM by NTC in accordance with Section 4.3.
Plant & Machinery. , “works” shall mean respectively the goods to be supplied and service to be provided by the contractor under the contract.
Plant & Machinery means all machinery, equipment and plant, whether mechanical, electrical or electronic, for the purpose of Insured’s business or trade, including elevators, motorized pumps for swimming pools, generator sets and transformers located within the Insured’s premises.
Plant & Machinery means and includes plant & machinery, pollution control laboratory and equipments of pollution control, plants and equipments for research, testing equipments installed at the industry premises of the Industrial Unit and the capital investment / expenditure made on their installation and transport.Note: Investment on such lease-hold plant, machinery and equipments obtained for a minimum period of 10 years, which is directly connected with the production of registered product, will also be considered towards investment in the plant & machinery and its valuation will be done according to the “Accounting Standard (A.S.) 19, Procedure and Measurement of Leases” issued by the Institute of Chartered Accountants of India, but such lease value shall not be considered more than the value of that Plant / Machinery in any case.
Plant & Machinery means the equipment’s for CA / MA type cold storage, utilitiesand electrical and mechanical fittings with minimum capacity of 5400 MT per annum
Plant & Machinery or “Assets” means Scrap, Material Handling Equipments and Motor Vehicles lying in coke unit of Gujarat NRE Coke Limited (in Liquidation) at Belur Industrial Area, Dharwad, Karnataka.