Rule 45 — Electronics manufacturing (s. 61(2))

Rule 45 sets two conditions for a resident company for section 61(2) [Table: Sl. No. 6]: it must be establishing or operating an electronics manufacturing facility under a notified Central Government scheme, and must stay eligible for that scheme throughout the tax year.

Conditions (sub-rule 1). The resident company shall:

(a) be establishing or operating an electronics manufacturing facility, or a connected facility, for manufacturing or producing electronic goods in India under a scheme notified by the Central Government in the Ministry of Electronics and Information Technology, as modified from time to time; and
(b) not become ineligible for that scheme at any time in the tax year for which tax is calculated on the non-resident's income.

Definition (sub-rule 2). "Electronics goods" means goods covered under any such scheme, including their supply chain ecosystem.

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