9.02
- Document type
- Procedure
- Dated
Late Cut
9.02
Late Cut
Wherever any application for any fiscal/financial benefits under FTP complete in all respects is received after expiry of last date for submission of such application, the application may be considered after imposing a late cut in the following manner:
| i. | Application received after the expiry of last date but within six months from the last date | 2% |
| ii. | Application received after six months from the prescribed date of submission but not later than one year from the prescribed date | 5% |
| iii. | Application received after 12 months from the prescribed date of submission but not later than 2 years from the prescribed date | 10% |