State Of Punjab vs Punjab Spintex Ltd. 2024 INSC 526 – Industrial Policy, 2003

Industrial Policy, 2003- The Market fees and Rural Development fees are distinct and, there being no exemption from Rural Development fees mentioned in the 2003 Policy, it only encompasses exemption from Market fees in its ambit. The two fees under the two different statutory frameworks cannot be equated as one by the Respondent and they cannot assume that exemption from “Market fees” would subsume in itself “Rural Development fees” also.

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