Partner in Progress of Industrialisation in ASSAM........ AIIDC (A Govt. Assam Undertaking) Establised in the year 1997 Under AIIDC Act, 1990

FISCAL Incentives under Industrial Policies

 

A. Industrial Policy of Assam, 2008

(a) Interest subsidy on Term Loan for Micro Industrial unit @ 30% of the interest paid on term loan to Bank/financial Institutions for a period of 5 (five) years subject to a ceiling of 1 lakh(one lakh) per annum.

(b) Power subsidy for a period of 5 (five) years.

(c) Connected load up to 1 MW, 30% subsidy subject to a limit of 10 lakh per annum.

(d) Connected load above 1 MW, 25% subsidy subject to a limit of 25 lakh per annum.

(e) Subsidy on Quality Certification/Technical Know-how @ 50%subject to a ceiling of 1(one) lakh per unit.

(g) 25% subsidy on cost payable to State Power Distribution Companies for drawal of power line for Micro & Small unit subject to a ceiling of 10 lakh per unit.

(h)Exemption from stamp duty and registration fee.

(i) Mega project Status to an industrial unit with minimum of 100 cr. investment & 1000 employees. Special packages for such projects to be decided by a high power committee specially constituted for the purpose.

(j)99% VAT Exemption:

(A) New Unit:

(i) 7years subject to a maximum of 200% of fixed capital investment in case of Micro unit.,

(ii) 7 years subject to a maximum of 150% of fixed capital investment in case of Small unit.

(iii) 7years subject to a maximum of 100% of fixed capital investment in case of Medium & Large unit.

(B) Expansion Unit:

(i) 7 years subject to a maximum of 150%of fixed capital investment in case of Micro unit.

(ii) 7 years subject to a maximum of 100% of fixed capital investment in case of Small unit.

(iii) 7years subject to a maximum of 90% of fixed capital investment in case of Medium & Large unit.

 
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