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State of Bihar - Section

Section 14 in The Bihar State Aid to Industries Rules, 1959

14. Discontinuance of the State aid under Section 15 (2).

- The grant of subsidy in any form mentioned in Section 15 (2) to industries other than small scale industries shall be discontinued if the industry be shown to the satisfaction of the State Government to be earning net profit in excess of 6½ per cent of the total investment.