Section 2(2) in Assam Tax Reimbursement for Eligible Tourism Units Scheme, 2018
(2)'Fixed Capital Investment' means and includes investment in plant and machinery, building excluding furniture, electrification, generator set but excluding cost of land.Explanation 1. - For removal of doubt, it is clarified that 'Fixed Capital Investment' shall not include furniture and cost of land.Explanation 2. - The expression 'plant and machinery' for the purpose of this clause, shall mean such plant and machinery as notified vide Government Notification No.FTX.47/2013/Pt/2 dated 23rd March, 2015 published in the Assam Gazette, Extraordinary No.68 dated 24th March, 2015, shown in the Schedule annexed to this Notification.
