We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 3
Comparison chart of Incentives for ESDM sector/industry in other States
S. Incentives Uttar Pradesh Karnataka Maharashtra Telangana
No. - - Industrial Promotion Subsidy equal to [VAT 100% Reimbursement for on local sales minus ITC (Input Tax Credit) or a period of 5 years for zero whichever is more + CST payable + 75% MSME and 7 Years for of ITC] and in other parts of state [VAT on large industry local sales minus ITC or zero whichever is Investment 1 more + CST payable + 100% of ITC] on Subsidy eligible finished products. (Modalities regarding disbursement of incentives, related to VAT & CST, will be modified accordingly when GST is made applicable to the state.) 2 Employment - - - - Subsidy 3 Capital Investment up to INR 25% on land in areas - 20% Investment Subsidy, Subsidy 200 Cr: 15% of FCI other than Bengaluru up to a maximum of INR 2 subject to maximum of Urban and Rural up Crores, for the first 25 INR 10 Cr. to an extent of 50 eligible companies in Investment between acres. Medium, Large and Mega INR 200 - 1000 Cr: 15% of 20% on Plant and categories. FCI subject to maximum Machinery. of INR 150 Cr. Investment more than INR 1000 Cr: Additional capital subsidy of 10% maximum up to INR 100 Cr. 4 Electricity 50% exemption for a 100% exemption for a 100% exemption for a maximum period of 100% exemption for a Duty maximum period of 10 maximum period of 5 15 years period of 5 years years years 5 Stamp Duty 100% exemption on 100% exemption on 100% exemption on purchase/lease of land 100% exemption on purchase/lease of land purchase/lease of land purchase/lease of land 100% exemption on first transaction (Owner to Developer/SPV) and 50% exemption on second transaction (Developer/SPV to ESDM Units) 6 Conversion - 100% exemption - 100% exemption Charges 7 Interest 5% per annum to units - Subsidy will be calculated at effective rate of Subsidy with investment up to INR interest, after deducting the interest 200 Cr on the loan, subsidy receivable under any Govt. of India maximum of INR 1 Cr per scheme or 5% per annum, whichever is less, annum per unit for 5 years provided that minimum 7% effective interest per annum is borne by the industrial unit. Overall Ceiling of the interest subsidy shall be up to the Quantum of VAT + CST or GST collected during that year 8 Other Reimbursed up to INR 5 Power tariff subsidy Power tariff subsidy to the tune of Rs. 1/- 50% of the cost of filing Incentives Lakhs for domestic and to the tune of Rs. 1/- per unit for a period of 3 years patents will be INR 10 Lakhs for per unit for a period reimbursed, subject to a international patents, of 5 years. 75% of the cost of carrying out credit limit of INR 2 Lakhs. on actual basis. rating by Small Industries Development Product linked Bank of India/Government accredited Transport subsidy on Floor Area Ratio (FAR): incentive: 1% of Credit Rating agency, limited to Rs. fuel cost / billing and Units will be allowed for annual turnover for a 50,000. freight (train), for the 3.0 + 1.0 (Purchasable) period of 5 years first five years on FAR. starting from first five 100% Exempted from payment of imports of the parts & years of commercial Property Tax for a period of 10 years. components, from the Reimbursement of production sea port to Telangana stipend amount given R&D assistance will be given up to 50% of plant. during training under the project cost excluding land and apprenticeship building subject to maximum 25 crores. 25% subsidy on lease rentals to eligible assistance scheme of the Electronics Development Fund for companies for a period State Government. development of ESDM sector: An initial of 10 years. corpus of Rs. 50 crores, will be invested through other professionally managed 50% subsidy on the Early Stage Angel Funds and Venture expenses Incurred for Funds. quality certification limited to INR 2 Lakh.