|
||||||||||||||||||
|
||||||||||||||||||
 |
|
||||||||||
|
| 88. Definitions under Chapter XIV. M. VAT ACT | |
|
CHAPTER XIV
PACKAGE SCHEME OF INCENTIVES
88. Definitions under Chapter XIV.
In this chapter, unless the context requires otherwise,—
(a) “Certificate of Entitlement” means a certificate issued by the Commissioner in respect of sales tax incentives under the relevant Package Scheme of Incentives;
(b) “District Industries Centre” in relation to any eligible unit means the District Industries Centre established by the State Government in a district, in which the concerned Eligible Unit is situated;
(c) “Eligibility Certificate” means a certificate granted by the SICOM SICOM or the Directorate of Industries or the relevant Regional Development Corporation or the District Industries Centre concerned or the Maharashtra Tourism Development Corporation or the Maharashtra Energy Development Authority in respect of sales tax incentives under the relevant Package Scheme of Incentives designed by the State Government;
(d) “Eligible Unit” means the Industrial Unit in respect of which an Eligibility Certificate is issued;
(e) “Package Scheme of Incentives” means the 1979, 1983, 1988 or 1993 Package Schemes of Incentives introduced by the Industries, Energy and Labour Department, the Package Scheme of Incentives for Tourism 1993, Electronic Scheme 1985 and the New Package Scheme of Incentives for projects 1998for projects 1998, introduced by the Home and Tourism Department and the Power Generation Promotion Policy 1998 introduced by the Industries, Energy and Labour Department, all as amended, from time to time;
(f) “the Relevant Regional Development Corporation” means,—
(i) in relation to the Vidarbha area of the State, the Development Corporation of Vidarbha Limited, a Government Company registered under the Companies Act, 1956;
(ii) in relation to the Konkan revenue division excluding the City of Mumbai and the Mumbai Suburban District, the Development Corporation of Konkan Limited, a Government Company registered under the Companies Act, 1956;
(iii) in relation to the Marathwada area of the State, the Marathwada Development Corporation Limited, a Government Company registered under the Companies Act, 1956;
(iv)in relation to the rest of Maharashtra, the Western Maharashtra Development Corporation Limited, a Government Company registered under the Companies Act. 1956;
(g) “SICOM” means the State Industrial and Investment Corporation of Maharashtra Limited, a Government Company registered under the Companies Act, 1956.
(h) “Maharashtra Tourism Development Corporation” means a Government Company registered under the Companies Act, 1956;
(i) “Maharashtra Energy Development Authority” means a society registered by the name “the Maharashtra Energy Development Authority” under the Societies Registration Act, 1 860, under the Societies Registration Act, 1860. |
|
|
|||
|
|||
|