Manufacture of electric lighting equipment

Manufacturing is a Qualifying Activity under the specified framework. Forensic auditors will verify the 'substantial transformation' of raw materials into electric lighting equipment. If the process is deemed mere assembly of kits with no value-add engineering in the Free Zone, the income may be reclassified as 'Excluded' if not conducted within a Designated Zone.

Audit Red Flag

Misclassification of 'Trading' or 'Re-packaging' as 'Manufacturing' to avoid the Designated Zone requirement for distributive trades.

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