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India: State assistance to Heavy Engineering Corporation Limited

Description

On 20 September 2013, the Cabinet Commitee on Economic Affairs approved a grant of INR 182.43 crores (~ 30mn USD) to Heavy Engineering Corporation Limited (HEC) for meeting tax liabilities on capital ...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 Sep 2013

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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