Wada D+ Zone Subsidy Benefits For Industrial Factory Units and Plant Manufaturing Factory

 

Wada D+ Zone Subsidy Benefits For Industrial Factory Units and Plant Manufaturing Factory

BENEFIT UNDER PACKAGE OF INCENTIVES-2013

1.    Industrial Promotion Subsidy.

2.    Interest Subsidy.

3.    Exemption from Electricity Duty

4.    Stamp Duty Exemption.

5.    Power Tariff Subsidy.

6.    Incentives for Strengthening MSMEs and LSI.

7.    And other benefits.

Applicability of the Scheme: From:  1-4-2013 to 31.03.2018

Financial incentives for MSME/LSI

Taluka	Ceiling as % of FCI.		No. of years.
Area	Micro, small & Medium Enterprises	LSI	Micro, small & Medium Enterprises	LSI
A	00 %	00 %	07 Years	07 Years
B	20 %	00 %	07 Years	07 Years
C	40 %	30 %	07 Years	07 Years
D	70 %	40 %	10 Years	07 Years
D+	80 %	50 %	10 Years	07 Years
NO I.D.	90 %	70 %	10 Years	07 Years
NAX.A.A.	100 %	80 %	10 Years	07 Years

 

8.     INDUSTRIAL PROMOTION SUBSIDY (IPS)FOR MSMEs

Sr.NO.	Taluka/Area classification.	The quantum of IPS Every year.
1.	Naxalism Affected Area	VAT on local sales minus Input Tax credit (ITC)or Zero whichever is more +CST Payable +100% of ITC
2.	No Industries District	VAT on local sales minus ITC or zero whichever is more +CST payable +75% of ITC.
3.	Entire Vidharbha and Marathawada (Other than SR.NO.1 & 2)	VAT on local sales minus ITC OR Zero whichever is more +CST payable +65% of ITC.
4.	Group - D+ Taluka other than sr. NO. 1 AND 3	VAT on local sales minus ITC OR Zero whichever is more +CST payable + 50% of  ITC.
5.	Group –D Taluka (other than sr.no.1 &3)	VAT on local sales minus ITC or zero whichever is more +CST payable +40% of  ITC.
6.	Group - C Taluka	VAT on local sales minus ITC or zero whichever is more +CST payable+30% of ITC.
7.	Group - B Taluka	VAT on local sales minus ITC or zero whichever is more +CST payable+20% of ITC.

INDUSTRIAL PROMOTION SUBSIDY FOR LARGE SCALE INDUSTRIES

Sr.NO.	Taluka/Area classification.	The quantum of IPS Every year.
1.	Naxalism Affected Area	100 % VAT on local sales minus Input Tax credit (ITC)or Zero whichever is more +CST Payable
2.	No Industries District Vidharbha and Marathawada	90 % VAT on local sales minus ITC or zero whichever is more +CST payable
3.	Group- D+ Taluka other than sr. NO. 1 and 2	80 % VAT on local sales minus ITC OR Zero whichever is more +CST payable
4.	Group –D Taluka (other than sr.no.1 & 2)	70 %VAT on local sales minus ITC OR Zero whichever is more +CST payable
5.	Group -C Taluka	60 % VAT on local sales minus ITC or zero whichever is more +CST payable

 

Interest Subsidy

Other than Group “A” all MSME are eligible for interest subsidy. The Interest payable on interest actually paid the financial institution on term loan the amount of interest will be calculated @ effective rate of interest. After deducting the interest subsidy receivable from any institution or under Govt. of India scheme and the penal/compound interest or 5% per annum whichever is less. The quanta of interest subsidy payable every year will not exceed the bills paid for electricity consumed during the relevant year.

Exemption from Electricity Duty

New units in Group C,D, AND D+ Area No industry districts and Naxalism affected area will be exempted form payment of Electricity Duty during eligible period for not exceeding 15years. In group A and  B 100% Export Oriented and IT/BT mfg units will also bea exempted for 7 years.

Stamp Duty Exemption

1.     Stamp duty exemption in Group C, D, D+ No industry district and Naxalism affected areas & BT/IT 100%./BT.IT mfg unit in Private Park: 75% and Mega Project 50% for first conveyance deed only.

Power Tariff Subsidy.

New eligible MSME units will be eligible for power tariff subsidy @Rs.1/- per unit for the units located in Vidharbha, Marathwada, North Maharashtra, and Raigad, Sindhudurg dist. in Konkan region & @Rs.0.50 per unit for the units in other areas of State for a Period of 3 years from the Date of commencement of Production for the Energy consumed and Paid (except Group A)

Incentives for Strengthening MSMEs and LSI.

New /Expansion MSME/LSI are eligible to avail the following benefits.

A)   5% Subsidy on capital equipment for Technology Up-gradation. Subject to a maximum of Rs.25 lacks.

B)   75% subsidy on the expenses incurred on quality certification limited to Rs.1 Lacks.

C)   25% subsidy on capital equipment for cleaner production measures limited to 5 lacks.

D)  75% subsidy on the expenses incurred on patent registration limited  to Rs.10 lacks for the National patent and Rs.20 Lacks for international patents.

** Incentives for Credit Rating of MSMEs in all categories of Areas.

Ø 75% of the cost of carrying out credit rating byh Small Industries Development Bank of India/Government accredited credit rating agency, Limited to Rs.40000/-

Ø  NEW MSMES, LSI AND EXPANDION THEREOF WILL BE ELIGIBLE FOR THE FOLLOWING INCENTIVES IN ALL CAATEGORIES OF AREAS.

1)   75% of cost of water audit limited to Rs.1.00 lacks.

2)   75% of cost of energy audit limited to Rs.1.00 lacks.

3)   50% of the cost of Capital Equipment for improving energy Efficiency, limited to Rs.5.00 lacks.

 

INCENTIVES FOR MEGA PROJECTS/ULTRA MEGA PROJECTS ARE ALSO AVAILABLE.   

 

 

 

  FOR DETAILS PLEASE CONTACT:

Imran Ajmeria

Ajmeria Property

Bhiwandi Wada Road,

Vanjar Patti Naka,

Bhiwandi (W), 421 302

 (M) - 9960601613  / (O) – 9321620919

www.ajmeria.com