Industries listed in the 11th Schedule are treated as non-priority industries. The paints and varnishes industry will henceforth be considered as a priority industry and will become' eligible for development allowance and other tax benefits.
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EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.