10% sales tax for Complete plants for relocated industries.
Name of Incentive
10% sales tax for Complete plants for relocated industries.
Type of Incentive
GST Incentive
Ministry
Agency
Sector
Industry
Sub Sector
Product/Activity
Incentive Details
Description
10% sales tax for Complete plants for relocated industries.
Criteria for Consideration
Plant, machinery, equipment and apparatus, including capital goods, specified in Eighth Schedule, Table 2 (Annexure), falling under the HS Codes specified in column (3) of that Annexure, shall be charged to sales tax at the rate of ten percent subject to the following conditions, besides the conditions specified in column (4) of the Annexure.
