Industrial Scenario

Package of Incentives

Incentives Available to Industrial Units in J&K State are as under-
(For details, please see the copy of the order)

Allotment of land at concessional rates in industrial areas on lease basis for 90 years
100% subsidy on project reports
30% capital investment subsidy on fixed capital investment, subject to maximum of Rs 30 lakhs
Units with the fixed capital investment of Rs 25 crores or above would be treated as prestigious units, and would be entitled for capital investment subsidy of Rs 60 lakhs

 

Old Man taking crops
Old Man taking crops

5% rebate on interest on working capital subject to maximum of Rs 10 lakhs per unit per year.
100% subsidy on purchase of new diesel generating sets of 0.1 MW to 1 MW
100% subsidy on purchase of quality control equipment's, subject to maximum of Rs 50 lakhs or 25% of the Fixed Capital Investment, whichever is less
Income tax exemption to all new units
Exemption of GST on purchase of Raw Materials by SSI units
No CST/GST to be charged on sale of finished goods by SSI units
Toll Tax exemption on import of raw materials and export of finished goods by SSI unit. Toll Tax exemption available to medium and large units on export of finished goods
No Toll Tax on Raw materials and finished goods for 100% EOUs
Units obtaining ISO 9000 certification are eligible for lumpsum incentive of Rs 1 Lakh
12.5% price preference to SSI units
90%Transport Subsidy available as per the scheme of Government of India

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