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Section 34
Discounts, facilities or concessions should not be misused
The discounts, facilities or concessions received by the industry according to this Act shall be used only for the purposes for which they were given and it shall not be misused.
Industrial Business Act, 2073
Preamble - 0
Chapter - 2
Section 3: Industry to be registeredSection 4: to apply for industry registrationSection 5: Certificate of Industry Registration to be givenSection 6: Adverse effects on the environment to be solvedSection 7: Permission requiredSection 8: to be informed of the commencement of commercial production or businessSection 9: who can complainSection 10: MonitoringSection 11: Approval to be obtained for relocation of industrySection 12: Details to be providedSection 13: Information to be given in case of closure of the industrySection 14: An application can be made to cancel the registration of the industry
Chapter - 5
Section 22: Income tax exemptions, facilities or concessionsSection 23: Value Added Tax and Customs Duty Exemption, Facility or ConcessionSection 24: Other facilities and concessions for small enterprisesSection 25: More facilities for women entrepreneursSection 26: Special provisions regarding the industries operating in the industrial zoneSection 27: Additional facilities and concessionsSection 28: Arrangements related to landSection 29: Providing land on leaseSection 30: Discount on maximum extent of landSection 31: Guarantee of discounts, facilities or concessionsSection 32: Not to be nationalizedSection 33: Provisions related to industrial securitySection 34: Discounts, facilities or concessions should not be misused
Chapter - 9
Section 43: Provisions related to Special Economic ZoneSection 44: Formation of District Industry Promotion CommitteeSection 45: Industrial manpowerSection 46: that can be produced under contractSection 47: Funding arrangementsSection 48: Professional Social ResponsibilitySection 49: Can declare industrial corridors, industrial villages and industrial clustersSection 50: Residential building, construction of other buildings or settlements that cannot beSection 51: Delegation of rightsSection 52: Right to remove obstructionSection 53: May modify or add to the scheduleSection 54: According to this ActSection 55: Power to make rulesSection 56: Guidelines, procedures or standards that can be implementedSection 57: Repeal and save