8. Fixed Assets of Industries:
( 1) The fixed asset of an industry shall consist of the following movable and immovable assets:-
(a) land and land improvement (works such as land leveling, filling and fencing),
(b) physical infrastructures (such as sewerage, internal road),
(c) Office, factory building, godown, electric distribution, water distribution system and residential buildings,
(d) Machinery, equipment and tools,
(e) Means of transportation,
(f) Electrical equipment and office equipment,
(g) Furniture, fixture, communication system and equipment.
(2) In addition to the assets referred to in sub-section (1) above, expenses incurred or to be incurred in connection with technical consultancy
and supervision prior to the making of investment in any industry or during different stages of construction and which is to be capitalized, pre-investment
and pre-operation costs as well as the amount of interest during the
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# Amended by the First Amendment
# Amended by the First Amendment
# Amended by the First Amendment
construction period, which is to be capitalized, shall be considered as the fixed assets of any industry