Substantial Expansion definition
Substantial Expansion means increase by not less than 25% in the value of fixed capital investment in plant and machinery of an industrial unit for the purpose of expansion of capacity/ modernization and diversification.
Substantial Expansion means increase in the investment in the plant and machinery by at least fifty per cent of the book value of plant and machinery (before taking depreciation in any year), as on the first day of the previous year in which the substantial expansion is undertaken;”
Substantial Expansion means an expansion which will increase the existing installed capacity by not less than 25 per cent;
More Definitions of Substantial Expansion
Substantial Expansion means Increase in value of fixed capital investment of an existing unit by at least 25% as well as increase of employment by at least 10%. Prior to going for expansion, the unit should be operating at least at an average of 75% capacity during the period of 3 previous years.
Substantial Expansion means increase in the value of fixed capital investment in plant and machinery of an industrial unit by not less than twenty five percent for the purpose of expansion of capacity.
Substantial Expansion means increase in the investment in the Plant and Machinery by at east 25% of the book value of Plant and Machinery as on the 1st day of the Previous Year in which substantial expansion is undertaken.
Substantial Expansion means the industrial enterprises existing before 7.1.2003, but which have undertaken substantial expansion by way of increase in installed capacity of the existing enterprises by not less than 25% of the capacity, which should be the result of installation of additional plant and machinery and which comes into commercial production from such expanded capacity not later than 31.3.2007 with further fulfillment of following condition:
Substantial Expansion means a capacity increase of twenty percent or more.
Substantial Expansion means an increase by not less than 25% in the value of Plant and Machinery / Equipment by Existing Enterprise for expansion of capacity or modernization or diversification and taken on record by the Department.
Substantial Expansion means increase by not less than 25% of installed capacity of an industrial unit for the purpose of expansion of capacity/ modernization and diversification.