No. 5/6/2006-Fm(R&C)
Government of
Finance (Rev. & Cont.)Department,
Secretariat, Porvorim,
Bardez,
Dated;-
11/06/2007
NOTIFICATION
In exercise of the powers conferred by sub-section (1)
of section 25 of the Goa Tax on Entry of Goods, Act, 2000 (Goa Act 14 of 2000),
(hereinafter referred to as the said Act), the Government of Goa, being of the
opinion that it is necessary in the public interest so to do, hereby exempts
whole of the tax payable under the said Act on the entry of plant and machinery
(including spares and components) and equipments used in manufacture or
processing of Goods within the State of Goa , by the industries specified in
Column (2) of the schedule hereto on
the conditions as specified in the corresponding entries in column (3) of the
said schedule, with immediate effect.
SCHEDULE
|
Sr. No. |
Industries |
Conditions |
|
(1) |
(2) |
(3) |
|
1. |
Existing
Industrial Units as on the date of this Notification which have gone into
production and effected for sale prior to 1/4/2007 |
The industrial unit should hold valid certificate of
registration under the Goa Value Added Tax Act, 2005(Act 9 of 2005) and under
the Goa Tax on Entry of Goods Act, 2000(Act 14 of 2000); The unit should be in production and should have
made first sale of its commercial production prior to 01.04.2007; The industrial unit if it is categorized as Small
Scale Industry then it should hold a permanent Small Scale Industrial Unit
certificate as issued by the Directorate of
Industries, Trade and Commerce, Government of Goa; (iv)The Industrial unit, if it is categorized as
Medium Scale Industry / Large Scale Industry then it should hold a valid
registration from the Ministry of industries. SIA, (v)The plant and machinery brought or caused to be
brought or delivered into any local area should be used within the State of
Goa and should be properly accounted in the books of accounts of the dealer,
claiming exemption; (vi)The investment proposed to be made in expansion
of the unit should be atleast 50% or more of the value of plant and
machinery (excluding land and Civil structure) at the time of commencement of
initial production with a minimum of rupees fifty lac in case of
Small Scale Industry unit and rupees two crores in
case of Medium Scale Industry / Large Scale Industry and duly certified by a
Chartered Accountant; (vii) The unit claiming tax exemption under this
Notification should not be in arrears of Tax under the Goa Value Added Tax
Act, 2005 (Act 9 of 2005) and /or under the Goa Sales Tax Act, 1964 (Act 4 of
1964) and/or under the Central Sales Tax Act, 1956 and /or under the Goa Tax
on Entry of Goods Act 2000 (Act 14 of 2000) in the financial year preceding
to the financial year in which the exemption is claimed; (viii) The unit should hold a valid consent from the
Goa State Pollution Control Board, under the Water (Prevention and Control of
Pollution Act, 1974) (Act 6 of 1974) and under the (Prevention and Control
Act of 1981 (Act 14 of 1981) on the date of application. |
|
2. |
New
Industrial unit set up on or after 1.4.2007 |
(i)The industrial unit
should hold a valid certificate of
registration under the Goa Value Added Tax Act, 2005(Act 9 of 2005) and under
the Goa Tax on Entry of Goods Act 2000(Act 14 of 2000); (ii) The industrial unit if it is in the category of
Small Scale Industry should hold a valid provisional registration as Small
Scale Industry Unit with the Directorate of Industries, Trade and Commerce,
Government of Goa. (iii) The industrial unit if it is in the category
as Medium Scale Industry / Large Scale Industry, it should hold a valid
registration from the Ministry of Industries, SIA, (iv)The plant and machinery brought or caused to be
brought or delivered into any local area it should be properly accounted in
the books of accounts of the dealer claiming exemption. (v) The unit should hold a valid consent from |
By order and in the name of
The Governor
of
(S.
Shanbhouge)
Joint Secretary ( Budget )