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Mega Projects

Incentives and Infrastructure

Available as per

Enterprises Promotion Policy-2015

 

MEGA PROJECTS:ULTRA

 

Ultra Mega Projects shall be offered special package of incentives by Haryana Enterprise Promotion Board including such as mixed land use, allotment of land at a price to be decided by the Government etc.

 

MEGA PROJECTS (standard package of incentive):

 

Category ‘B’ Block

 

Investment Subsidy on VAT:

30% of VAT/SGST net paid for first 5 years, 15% for next three years from the date of commencement of commercial production with cap of 100% of fixed capital investment.

 

Employment Generation Subsidy:

For capacity building of persons belonging to Haryana (skilled/semi-skilled) engaged minimum of 50% of total employment, the subsidy @Rs.36,000/- per year for SC/Women and Rs.30,000/- per year for General category for 5 years or 20% of the VAT/SGST deposited whichever is less. The evidence for employment would be related statutory returns such as returns filed under the Employees Provident Fund Act, etc.

 

Electricity Duty Exemption:

100% Exemption from payment of Electricity duty for new mega project for a period of 5 years from the date of release of electricity connection.

 

Stamp Duty Refund:

50% refund of stamp duty on the land area meant for industrial use after commencement of commercial production, within 5 years from the date of filing of IEM.

 

EDC Charges:

% exemption towards External Development Charges is exempted.

 

Category ‘C’ Block

 

Investment Subsidy on VAT:

% of VAT/SGST net paid for first 5 years, 25% for next three years from the date of commencement of commercial production with cap of 100% of fixed capital investment.

 

Employment Generation Subsidy:

For capacity building of persons belonging to Haryana (skilled/semi-skilled) engaged minimum of 50% of total employment, the subsidy @Rs.36,000/- per year for SC/Women and Rs.30,000/- per year for General category for 5 years or 20% of the VAT/SGST deposited whichever is less. The evidence for employment would be related statutory returns such as returns filed under the Employees Provident Fund Act, etc.

 

Electricity Duty Exemption:

100% Exemption from payment of Electricity duty for new mega project for a period of 5 years from the date of release of electricity connection.

 

Stamp Duty Refund:

75% refund of stamp duty on the land area meant for industrial use after commencement of commercial production, within 5 years from the date of filing of IEM.

 

EDC Charges:

50% exemption towards External Development Charges.

  

Category ‘D’ Block


Investment Subsidy on VAT:

75% of VAT/SGST net paid for first 5 years, 35% for next three years in ‘D’ category blocks from the date of commencement of commercial production with cap of 100% of fixed capital investment.

 

Employment Generation Subsidy:

For capacity building of persons belonging to Haryana (skilled/semi-skilled) engaged minimum of 50% of total employment, the subsidy @Rs.36,000/- per year for SC/Women and Rs.30,000/- per year for General category for 5 years or 20% of the VAT/SGST deposited whichever is less. The evidence for employment would be related statutory returns such as returns filed under the Employees Provident Fund Act, etc.

 

Electricity Duty Exemption:

100% Exemption from payment of Electricity duty for new mega project for a period of 7 years from the date of release of electricity connection.

 

Stamp Duty Refund:

100% refund of stamp duty on the land area meant for industrial use after commencement of commercial production, within 5 years from the date of filing of IEM.

 

EDC Charges:

50% exemption towards External Development Charges.

 

Note: Special package of incentives over and above of the standard package for Mega Projects having potential to develop ancillary enterprises will also be considered by Haryana Enterprise Promotion Board.

 

LARGE UNITS:

 

Category ‘B’ Block

 

EDC Charges:

50% exemption towards External Development Charges.

 

Category ‘C’ Block

 

Investment Subsidy on VAT:

75% of VAT/SGST net paid for first 5 years, 25% for next three years from the date of commencement of commercial production with cap of 100% of fixed capital investment.

50% of VAT/SGST net paid for 5 years on 50% additional investment in plant and machinery for expansion/diversification with cap of 100% of fixed capital investment on expanded FCI.

 

Employment Generation Subsidy:

For capacity building of persons belonging to Haryana (skilled/semi-skilled) engaged minimum of 50% of total employment, the subsidy @Rs.36,000/- per year for SC/Women and Rs.30,000/- per year for General category for 5 years or 20% of the VAT/SGST deposited whichever is less.

 

Electricity Duty Exemption:

100% Exemption only for new enterprise for 5 years from the date of release of electricity connection.

 

Stamp Duty:

75% refund of stamp duty on the land area meant for industrial use after commencement of commercial production, within 5 years from the date of filing of IEM.

 

EDC Charges:

50% exemption towards External Development Charges.

 

Category ‘D’ Block

 

Investment Subsidy on VAT:

75% of VAT/SGST net paid for first 7 years, 35% for next three years from the date of commencement of commercial production with cap of 100% of fixed capital investment.

75% of VAT/SGST net paid for 7 years on 50% additional investment in plant and machinery for expansion/diversification with cap of 100% of fixed capital investment on expanded FCI.

 

Employment Generation Subsidy:

For capacity building of persons belonging to Haryana (skilled/semi-skilled) engaged minimum of 50% of total employment, the subsidy @Rs.36,000/- per year for SC/Women and Rs.30,000/- per year for General category for 5 years or 20% of the VAT/SGST deposited whichever is less.

 

 

Electricity Duty Exemption:

100% Exemption only for new enterprise for 7 years from the date of release of electricity connection.

 

Stamp Duty:

100% refund of stamp duty on the land area meant for industrial use after commencement of commercial production, within 5 years from the date of filing of IEM.

 

EDC Charges:

50% exemption towards External Development Charges.