ADVT:

  Home   Astrology   Business   Indiafocus   Lifestyle   Movies   News   Parenting   Online Exam   Sports   Travel
Home -> News -> India -> Full Story

Jaya demands 10-year exemption from excise duties
Tuesday, June 7 2005 12:16 Hrs (IST) - World Time -

Chennai: Tamil Nadu Chief Minister Jayalalithaa today (Jun 7, 2005) demanded a 10-year exemption from excise duties on goods manufactured by new industrial units in tsunami hit districts.

In a letter to the Prime Minister, Dr Manmohan Singh, she also requested exemption from excise duties on steel, cement, pipes and other construction materials/equipment used for establishing new industrial units and building infrastructure for a three year period in these districts.

This was necessary to give a big push to revitalising the economy of the tsunami hit districts and to promote growth, the Chief Minister said.

Spotlight: Tidal Waves hit South Asia

She drew Dr Singh's attention to orders issued by the Centre, granting excise duty exemption to excisable goods manufactured by new industrial units in Kutch, Gujarat, devastated by an earthquake on January 26, 2001 and to similar orders extended to Himachal Pradesh and Uttaranchal, with a view to accelerating industrial development.

She said she had requested the Union Home Minister, during the 23rd meeting of the Southern Zonal council at Pondicherry on May 31, to take up this issue urgently so that the notification could be issued early.

Exemption from excuse duties on all construction material would attract large-scale investments from corporate industrial houses, to restore and improve infrastructural facilities in these districts, she said.

PTI









Opinion Poll
Is Raj Thackeray going overboard with his anti-North Indian stance?
Yes
No
Can't say
    

Results | Previous Results
More News
14 killed as 16 bombs go off in...
B'lore blasts: H'bad police to...
Anxiety in Bangalore...
Seven blasts strike Bangalore,...
Is Mumbai prepared for another...
BJP expels eight Lok Sabha MPs
Another bomb found in Bangalore
Manipur on high alert as child...
Militants release eight...
Speaker should have resigned:...
'Spy aircraft' that weighs just...
Sri Lanka approves power deal...
CPI-M had no option but to...
5 killed in Srinagar grenade...
Strong earthquake jolts Japan,
Leak at French nuclear plant...
Sangrash Samiti calls for Jammu...
Arctic holds 90 billion barrels...
US asking China to follow...
US has congratulated the UPA...
French parliament adopts law...
Worth a click
  Sarees
Baby Clothes
Jewellery
Bluetooth Headsets
Health & Fitness

Search Keywords