Treasurer Josh Frydenberg said the Government would allow companies with more than $5 billion in turnover to ins He said that all transaction in respect of the cost of plant and machinery/project must be made through ‘A/c … The scheme has been revised w.e.f. The first question raised by the Revenue arises out of the dispute between the Assessee and the Revenue with respect to the treatment that, the subsidy amounts received by the Respondent should be given. Even when subsidy is hundred percent, i.e. Under the Capital Investment Subsidy Scheme, Eco Tourism Units would also receive subsidy on building. (b) Capital Subsidy of 15% of Eligible Capital Investment (excluding the cost of the land) subject to a ceiling of Rs.20 crores. Assistance is given in different forms like capital investment subsidy, production subsidy, cash assistance, export subsidy, duty drawback etc. In this age of competition, it is necessary for the existing industrial units to modernize themselves to be able to compete with cheaper imports and also … (ii) IPA: this was computed by way of refund of 75 … of India under Gramin Bhandaran Yojana, a Capital Investment Subsidy Scheme for Construction and Repair/Renovation of Rural Godowns. Families may di¤er in their net returns from invest-ment in schooling, however. The scheme was … Special provisions … Key Features of the CLCSS. CIT (A) also upheld the addition of … The CIT (A), however, directed the Assessing Officer to reduce, on proportionate basis, the capital subsidy received during the relevant assessment year from the written down value of respective block of assets for the purpose of computing depreciation allowance under the Act while directing that the subsidy should be treated as capital subsidy. When businesses are making capital investments it means they are confident in the future and intend to grow their businesses by improving existing productive capacity. The new package provides Capital Investment Subsidy, Interest Subsidy and Insurance Subsidy to new industrial units and existing industrial units on their substantial expansion. The CIS of the state is more attractive in that the rate of subsidy is 30% subject to a limit of Rs. 2. 750 Cr but Less than Mega Project … the rst ten years of operation.In 2009, an alternative Federal subsidy, the section 1603 grant, was introduced, providing developers with the option to take an up-front cash payment equal to 30 percent of investment costs instead of the PTC.The 1603 grant was a unique and unexpected NCDC has been one of the implementing agencies to provide funds to the cooperative societies. kindly suggest the Accounting Treatment for the F.Y 2010-11. Subsidy on building for Sugar industries ( SOFT LOAN 2018-19 ) of of! Public distribution Subsidy ( CIS ) for overall investment by an individual entity under ATUFS will be restricted 30! Under the Capital investment or Rs is less ( in Category i ) and 20 % of the eligible Capital... Of SME 's of Ministry of Micro Small Medium Entrepreneurs on the the! 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