Exemption Rule Under Contract Act-1970
Sunil Kumar Chauhan
(Querist) 06 November 2009
This query is : Resolved
As per the contract act 1970 Rule 10.19 says "The appropriate government is empowered to grant exemption to any establishment or class of establishment or class of contractors from applicability of the provision of the act or the rule made thereunder on such conditions and restriction as may be prescribed.
I request to all experts please describe the exemption rule.And give some exemption examples.
Thanks & Regards
Sunil Kumar Chauhan
9899716860
bhupender sharma
(Expert) 07 November 2009
Mr. Chauhan some time the govt. allure the industrialist to establish plant in the particular state and the govt. provide the exemption for charging the excise up to the limited period reason thereby is in any event the industry does not run properly or some other regional reason they are not bound to pay any excise duty etc. These are called the additional benefit for establishing the industry for the development of the particular state.
Sunil Kumar Chauhan
(Querist) 08 November 2009
Thanks for attempt the reply but Dear Mr.Sharma you are given me the detail for exemption to Indusries. But my qustion is specifically for exemption in Cinract act 1970.
Thanks