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Q. > Please Help: Exemption in Himachal Pardesh
One of my client wants to purchase a running pharma unit at baddi wants to know whether the balance exemption period can be granted to his new industry.
Basically he is going to purchase full plant including some debtors and some stocks. The unit is alre
1 Answers
answered May 27, 2011 by ca nitin
no they cannot claim under excise act bocz there excise code no is different they have issued new code than not claim any exemption. but they can avail exemption which specifically provided by himachal pardesh govt for development in baddi
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Comments
Deepak Jhanwar
28-May-2011 , 09:37:09 amyes you can do but subject to your form of consitute.
PAWAN KUMAR
20-Sep-2011 , 12:26:07 pmDear sir, The exemption has been granted by the government to the goods manufactured within the state. this exemption is also a validity. If the person changes the ownership of the unit, only the amendments in the Excise registration is required. Exemption will continue.