139. Termination of the eligible period for remission in case of the expanded portion of the existing industrial units

The eligible period commencing from the date referred to in rule 138 shall expire on the date of completion of the period specified in column (3) of the Table appended to sub-rule (2) of rule 137 or on the date on which the amount of tax remitted first exceeds the amount specified in clause (b) of sub-rule (2) of rule 137, whichever is earlier.