Industrial Park Scheme, 2008 - CBDT amends Form IPS-I
Form IPS - I is the Application for consideration under the Industrial Park Scheme, 2008 and para 3.vi of the Form has been amended.
The previous form with the amendment in red is given below:
3.VI: Whether all the criteria as mentioned in para 4 of the Industrial Park Scheme, 2008 are met or not:
Old Sl No. | New Sl No. | |
|---|---|---|
a | a | The date of commencement of the Industrial Park should be on or after the 1st day of April 2006 and not later than the 31st of March 2009; The date of commencement of the Industrial Park should be on or after the 1st day of April 2006 and not later than the 31st day of March 2009; No change |
b | b | The area allocated or to be allocated to industrial units shall not be less than ninety per cent of the allocable area; The area allocated or to be allocated to industrial units shall not be less than seventy-five per cent of the allocable area; |
- | c | The area allocated or to be allocated for commercial activity shall not be more than ten per cent of the allocable area; NEW |
c | d | There shall be a minimum of thirty industrial units located in a industrial park; There shall be a minimum of thirty industrial units located in a industrial park; No change |
d | e | For the purpose of computing the minimum number of industrial units; all units of a person and his associated enterprises will be treated as a single unit. For the purpose of computing the minimum number of industrial units; all units of a person and his associated enterprises shall be treated as a single unit. - No change |
e | f | The minimum constructed floor area shall not be less than 50,000 square meters; The minimum constructed floor area shall not be less than 15,000 square metres; |
f | g | No industrial unit, along with the units of an associated enterprise, shall occupy more than twenty five per cent of the allocable area; No industrial unit, along with the units of an associated enterprise, shall occupy more than twenty-five per cent of the allocable area; No change |
g | h | The industrial park should be owned by only one undertaking; and The industrial park should be owned by only one undertaking; and No change |
h | i | Industrial units shall undertake only manufacturing activity as defined in Section D of the National Classification, 2004 Code issued by the Central Statistical Organisation, Department of Statistics. Industrial units shall undertake only such industrial activity as defined in clause (j) of para 2 of the Industrial Park Scheme, 2008. |
CBDT Notification NO. 106/2008, Dated: November 28, 2008