10% sales tax for specified Machinery and equipment for development of grain handling and storage facilities [including silos].
Name of Incentive
10% sales tax for specified Machinery and equipment for development of grain handling and storage facilities [including silos].
Type of Incentive
GST Incentive
Ministry
Agency
Sector
Storage Facilities
Sub Sector
Product/Activity
Incentive Details
Description
10% sales tax for specified Machinery and equipment for development of grain handling and storage facilities [including silos].
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