Exemption to certain Companies u/s.211(3).

SI.
No.

Class of companies

Exemptions from paragraphs of Part-II of Schedule VI

1

Companies producing
defence equipments including space research;

paragraphs 3(i)(a),
3(ii)(a), 3(ii)(d), 4-C, 4-D(a) to (e) except (d).

2

Export-oriented
company (whose export is more than 20% of the turnover);

paragraphs 3(i)(a),
3(ii)(a), 3(ii)(b), 3(ii)(d).

3

Shipping companies
(Including airlines);

paragraphs 4-D(a) to
(e) except (d).

4

Hotel companies
(including restaurants);

paragraphs 3(i)(a)
and 3(ii)(d)

5

Manufacturing
companies/multi-product companies;

paragraphs 3(i)(a)
and 3(ii)(a)

6

Trading companies;

paragraphs 3(i)(a)
and 3(ii)(b).