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Change of owner won't upset tax benefits
The centre has given more reasons for the industry in Himachal Pradesh and Uttarakhand to smile, by stating that a change of ownership of an industrial unit would not imperil the benefits of the area-based tax exemptions.
In a new circular sent to the Industries Association of Uttarakhand (IAU) here, the Central Board of Excise and Customs has ruled that a change of ownership of an industrial unit
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