Section 57
of Investment Incentives Order, 2001
ORDERIn forceProvision 57 of 122
Section 57
(1)
The tax relief period of an export service company shall commence on its commencement day and shall continue for such period, not exceeding 11 years, as the Minister may, in his discretion, determine.
(2)
The Minister may, where he is satisfied that it is expedient in the public interest to do so and subject to such terms and conditions as he may impose, extend the tax relief period of any export service company or firm for such further periods, not exceeding 3 years at any one time, as he may determine, except that the tax relief period of the export service company shall not in the aggregate exceed 20 years.
Application of certain sections to export service company.