Section 3 in The Rajasthan Sales Tax/Central Sales Tax Deferment Scheme for Industries, 1998
3. Applicability of the Deferment Scheme.
(a)This Scheme shall be applicable to-(i)the new industrial units,(ii)the industrial units going for expansion,(iii)the industrial units launching diversification, and(iv)the sick industrial units(b)The ineligible industries shall note be entitled to claim any benefits under this Scheme.(c)The industrial units claiming benefits under this Scheme shall be established or should have been established in the areas other than banned areas, However, this restriction shall not apply to sick units.(d)Renovation modernisation or rationalisation of industrial units, replacement of land, building or plant and machinery and change of product-mix, distinguishable from Diversification, shall not create eligibility for claiming benefits under this Scheme.(e)Where a manufacturer holding eligibility certificate under this Scheme transfers his unit in whole the transferee shall be eligible for availing of the remaining benefits, if any, provided that such transferee undertakes to clear all outstanding dues payable to the State Government/RIICO/RFC and is otherwise eligible and gets eligibility certificate afresh under this Scheme.(f)Where an industrial unit is transferred by way of sale in whole through the State Government or RIICO or RFC, the transferee shall have option-(i)either to claim the benefits available to a sick unit, as specified in Annexure-B to this notification; or(ii)to claim the remaining quantum of benefits which would have been available to the transferor if there would have been no transfer, and the remaining period available to the transferee for claiming the said benefits shall be extended by-(1)the period from the date of taking over of the unit till the date of its handing over by the State Government/RIICO/RFC; and(2)the period from the date of handing over the unit by the State Government/RIICO/RFC till the date of starting of production, or the period of six months, whichever is earlier.
