Section 1(6) in The Punjab State Aid to Industries Rules, 1936
(6)[ 'Small-scale Industrial Unit' means an Industrial Unit with a capital investment of not more than seven lakh and fifty thousand rupees if it is not an ancillary unit, and of not more than ten lakh rupees in case such unit is an ancillary unit, irrespective of whether the plant and machinery are new or second hand will be taken into account. An ancillary unit for this purpose will mean an industrial unit producing parts, components, sub-assemblies and tooling for supply against known or anticipated demand of one or more large units manufacturing or assembling complete products and which is not a subsidiary to or controlled by any large unit.] [Substituted by Punjab Government notification No. GSR. 67/PA.5/35/S.46/Amd.(12)/75, dated 12th June, 1975.]
