| New Industrial
Policy 2001-2006 |
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| GOVERNMENT OF
KARNATAKA |
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| No: FD 161 CET 2001 (II) |
Karnataka Government Secretariat,
Vidhana Soudha, Bangalore,
Dated: 30-11-2001
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NOTIFICATION
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Explanation
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Procedure
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Certificate
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NOTIFICATION
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In exercise of the powers conferred by Section II-A of the
Karnataka Tax on Entry of Goods Act, 1979 (Karnataka Act 27 of 1979), the
Government of Karnataka being of the opinion that it is necessary in public
interest so to do, hereby reduces the tax payable by one hundred per cent
export oriented Units under the said Act to 'Nil' on raw materials, components,
packing materials, consumables, (excluding petroleum products like petrol,
diesel, furnace oil, naptha and LSHS used as consumables or for captive power
generation units) machinery and equipments, spares, material handling
equipment, intermediates, semi-finished goods and sub-assemblies brought into a
local area for use in the manufacture of goods, subject to following
restrictions and conditions:
| (i) |
Such goods are put to use by the One
Hundred per cent Export Oriented Units in the manufacture of goods for export
the availment of entry Tax at 'Nil' rate shall be limited to the Entry tax paid
on the above mentioned goods which are used in manufacture of processing of
gods in the unit in Karnataka and the goods so manufactured or processed are
exported out of the territory India.
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| (ii) |
Time limit for use of such goods in the manufacture
of goods for export shall be before the expiry of the accounting year
immediately succeeding year in which the goods are purchased;
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| (iii) |
The One hundred per cent Oriented Unit shall export
its entire production of goods subject to relaxation permitted by Government of
India from time to time. |
| (iv) |
Where for any reason, the one Hundred per cent
Export Oriented unit fails to comply with the condition (iii) above, it shall
forthwith cease to be eligible for the benefit of this Notification. |
| (v) |
Where for any reason the restriction or condition
stipulated under (i), (ii) and (iii) above is contravened or not complied with,
either wholly or partly, the provisions of sub-section (3) of Section 11A, of
the said act shall apply and the One Hundred per cent Export Oriented Unit
shall be liable to pay an amount equal to the tax payable at the rate
prescribed under the said Act, on such purchases, in respect of which such
contravention or non-compliance has taken place. The amount so payable shall be
deemed to be amount due for the purposes of Section 8 of the said Act. |
| (vi) |
Registered dealer effecting the sales to One
Hundred per cent Export Oriented Unit shall produce before the assessing
authority, a certificate prescribed duly filled and signed by the said Export
Oriented Unit. |
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Explanation:
For the purpose of this Notification:
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| (1) |
"One Hundred Percent Export Oriented Unit" means a unit which is
certified to be so by the authority authorized by the Government of India and
which undertakes export of its entire production of goods subject to relaxation
as permitted by Government of India from time to time and includes units set up
either under the Export Oriented Unit or under EPIP (Export Promotion
Industrial Park) Scheme pr under the EHTP (Electronic Hardware Technology Park)
Scheme or software Technology Park Scheme or Special Economic Zone.
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| (2) |
"Export" means export as defined in
sub-section (1) and (3) of section 5 of central Sales Tax Act, 1956 (Central
Act 74 of 1956).
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| (3) |
Eligibility to reduction of the rate of
tax to "Nil" under the Notification is restricted to One Hundred Percent Export
Oriented Units under the package of Incentives and concessions as per
Government Order no.CI 167 SPI 2001, dated 30th June 2001. |
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Procedure:
The One Hundred Percent Export Oriented Units shall,
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| a) |
Produce before the assessing authority.
| (i) |
Certificate issued by the director of Industries and Commerce,
Government of Karnataka or by Government of India certifying that it is
registered as One Hundred Percent Export Oriented Unit.
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| (ii) |
The said certificate shall be produced, in proof of it being
valid, in each assessment year, within 60days of commencement of the assessment
year. |
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| b) |
Obtain an Entitlement certificate issued by the assessing
authority certifying that the unit is covered under G.O.No. CI 167 SPI 2001,
dated 30th June 2001. |
| This Notification shall be valid upto
31st march 2006. |
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GOVERNMENT OF KARNATAKA
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| No: FD 161 CET 2001(II).
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Karnataka Government Secretariat
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Vidhana Soudha, |
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Bangalore, dated: 30-11-2001 |
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NOTIFICATION
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In exercise of the powers conferred by Section
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| No. JD/ID/E1-tax-exm/2001-02 |
Office of the Director, |
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No. 49, II Block,
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Khanija Bhavan,
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Race Course Road, |
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Bangalore - 560 001 |
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Dated: -12-2001. |
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Copy to:-
5. The Additional Director (Admn.)/Vishwa)/(DIC(CC))/(SSI)
(ICS) Head Office, Bangalore.
6. The Joint Director (Planning) /(AEP) head Office, Bangalore.
7. All the Joint Director, District Industries Centres,
8. Office copy and extra copy.
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Joint Director (Indl.Dev.)
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Certificate :
(Under G.O.No. CI 167 SPI 2001, dated 30th June 2001)
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(To be completed by the purchasing dealer) |
To
----------------------------- (Selling dealer's name and
---------------------------address and registration
-----------------------------Certificate number). |
| Certified that the goods, as per details below are purchased
from your by us for use in the manufacture of goods for export out of the
territory of India. |
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SL. No.
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Purchase Bill No.
and date
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Description of Goods
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Quantity
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Value
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1
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2
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3
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4
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5
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| Certified further that our unit is eligible for package of
Incentives and Concessions as per G.O.No. CI 167 SPI 2001, dated 30th June 2001
and is registered as such with the Director of Industries and Commerce,
Government of Karnataka and the eligibility certificate bearing
No------------------------------ |
| --- I, We, are the role of ..............(mention the name of
the office) bearing KST registration No.............
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Signature |
| Date: |
Name and status of the Aauthority
Person of the Hundred percent
Export Oriented Unit |
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R.C. No. of the Hundred per cent
Export Oriented Unit |
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Name and Address of the Hundred
Per cent Export Oriented Unit
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