STATE OF PUNJAB & ORS. versus M/S PUNJAB SPINTEX LTD.
Market Fee levied under the Punjab Agricultural Produce Markets Act, 1961 and Rural Development Fee levied under the Punjab Rural Development Act, 1987 are distinct; the Industrial Policy, 2003 (Clause 11.4.2(i)) expressly exempts only Market fees and does not also exempt Rural Development fees, and therefore the respondent was not entitled to exemption from Rural Development Fee; appeals allowed and High Court orders set aside.
Source excerpt
- Market fee exemption
- Rural development fee exemption
- Industrial policy 2003 interpretation
- Scope of exemptions
- Notified market area fees