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Start Free TrialThe Sikkim Industrial Promotion & Incentive (Amendment) Act, 2003 Complete Act
State: Sikkim
Year: 2003
.....means separately identifiable investment made by an existing industrial unit in the fixed capital assets to set up a project for manufacturing of new products (s) provided that the additional investment in the fixed assets is not less than 25% of the gross fixed capital and increase of additional employment is at least by 10%. (ddd) "Expansion" of an industrial units means additional fixed unit. For the purpose of calculation, Gross value of all the capital investment made on land, building and plant machinery of the existing unit will be taken into consideration. Expansion shall also imply an increase of at least 25% in the existing installed capacity as well as increase of additional employment of at least by 10% . Prior to going for expansion, the units should be operating at least at a minimum of 80% capacity during the three previous years." (ii) after clause (e), the following clause shall be inserted, namely:- "(ee) "Modernization" means separately identifiable investment made by an existing industrial unit in the fixed capital technology having a definite advantage in reduction of cost of production provided that the additional investment in the fixed.....
List Judgments citing this sectionThe Sikkim Industrial Promotion & Incentive Act, 2000 Complete Act
State: Sikkim
Year: 2000
.....this Act and enjoyed benefits, concessions, incentives or some other package of subsides etc. for a period of five years under any Notification or Rules or Orders or Schemes etc. shall not be eligible for any benefits under this Act. Definitions 3. In this Act unless the context otherwise requires:- (a) "Artisan and tiny units, Small Scale Units and Medium/ Large Scale Units" mean an Industrial Units as defined by the Government of India from time to time and includes co-operative industrial units: (b) "Capital " means the total investment of money on tabgible assets like building, etc, and intangible asets like good will: (c) "Company" means a unit registered under the provisions of the law relating to registration of Companies for the time being inforce in the State; (d) "Co-operative Society" means any Co-operative industrial unit registered under the Sikkim Co-operative Society Act, 1978; (e) "Fixed Investment" means investment made in land, buildings plants and machineries and other capital goods; (f) "Partnership Firm" means a unit formed by two or more persons (g) "Proprietorship" means a unit owned by a single person; (h) "Small Scale Industry" means where the.....
List Judgments citing this sectionThe Sikkim Municipalities Act, 2007 Complete Act
State: Sikkim
Year: 2007
THE SIKKIM MUNICIPALITIES ACT, 2007 THE SIKKIM MUNICIPALITIES ACT, 2007 (Act No. 5 of 2007) AN ACT To provide for the municipal governance in the State of Sikkim in conformity with the provisions of the Constitution of India as amended by the Constitution (Seventy-fourth Amendment) Act, 1992, based on the principles of participation in, and decentralization, autonomy, and accountability of, urban self-government at various levels, to improve the quality of life of the urban dwellers of Sikkim, to introduce reforms in financial management and accounting systems, to enhance internal resource generation capacity, to improve the organizational design of Municipalities, to ensure professionalization of the municipal personnel, and to provide for matters connected therewith or incidental thereto. Be it enacted by the Legislature of Sikkim in the Fifty-eighth Year of the Republic of India as follows:- PART I PRELIMINARY Chapter I Short title, extend and commencement. 1 (1) This Act may be called the Sikkim Municipalities Act, 2007. (2) It extends to the whole of Sikkim except the cantonments. (3) It shall come into force on such date as the State.....
List Judgments citing this sectionThe Sikkim Industrial Promotion & Incentive (Amendment) Act, 2007 Complete Act
State: Sikkim
Year: 2007
.....commercial production. These industrial units will be permitted to collect VAT and roll it back as working capital for the entire period of deferment as the case may be. At the end of the deferment period, the VAT collected will have to be remitted to the Government Account in four half yearly installments. In case of those units which are already enjoying the sales tax exemption the same will be converted into VAT deferral scheme as above for the remaining periods of their exemption as the case may be." (2) The levy of State Excise Duty and Sales Tax on units manufacturing alcoholic/beer products shall be governed by such notification as may be issued by the State Government from time to time. (2) Central Sales Tax shall not be exempted. Sikkim State Acts
List Judgments citing this sectionThe Sikkim Cooperative Societies Act, 1978 Complete Act
State: Sikkim
Year: 1978
.....Saving of existing societies.' 117. Powers to make rules. 118. Repeal. 119. Power to remove difficulties. THE SIKKIM CO-OPERATIVE SOCIETIES ACT, 1978 ACT NO. 12 OF 1978. AN ACT to consolidate and amend the law relating ta co-operative societies in the State 'Of Sikkim. (5th April, 1978) WHEREAS it is expedient to further facilitate the formation and working 'Of co-operative societies for the promotion 'Of thrift, self help and mutual aid among persons with common economic needs and to bring about improvement in agriculture and industry through better methods 'Of production, better business and better living and far that purpose to amend and consolidate the law relating to co-operative societies in the State 'Of Sikkim. Be it enacted by the State Legislature in the Twenty ninth Year 'Of the Republic 'Of India as follows ; CHAPTER I Preliminary Short title, extent and commencement. 1 (i) This Act may be called the Sikkim Co-operative societies Act, 1978. (ii) It extends to the whole 'Of the State 'Of Sikkim. (iii) It shall came into force an such date as the Government may, by notification in the Official Gazette appoint. In this act, unless the.....
List Judgments citing this sectionThe Sikkim Fisheries Act, 1980 Complete Act
State: Sikkim
Year: 1980
.....12. Persons performing duties under this Act and protection of action taken on good faith. 13. Repeal and Savings. THE SIKKIM FISHERIES ACT, 1980 ACT NO. 3 OF 1980 AN ACT to provide for conservation, propagation, development and the modes of disposal. of fisheries in Sikkim. [5th April, 1980] Be it enacted by the Legislative Assembly of Sikkim in the Thirty-first Year of the Republic of India as follows: Short title; extent and commencement. 1. (1) This Act may be cal1ed the Sikkim Fisheries Act, 1980. (2) It shall extend to the whole of Sikkim. (3) It shall come into, force on such date as the State Government may, by notification in the Official Gazette; appoint. Definition. 2. In this Act and the rules made there under unless there is anything repugnant in the subject or context (i) 'fish' includes shell-fish in all stages of its life including aquatic plants and animals of' fisheries value; (ii) 'fishing; gear means any net, line rod and line, fishing tackle or other appliances used for the purpose of catching fish; (Hi) 'fishing craft' means any boat manually operated or operated by power used for the purpose of fishing or the transport of fish; (iv) 'fishing.....
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