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Large Service Enterprises

Incentives Available As per

Enterprises Promotion Policy-2015

LARGE SERVICE ENTERPRISES:

Health Care, Education (Skills Development, Training-cum-incubation centres), IT, Logistics, Warehousing (Cargo handling services etc.), Bulk courier Services, Industrial R&D Labs, Industrial Testing labs, Engineering & Design services, Equipment rental & leasing (Construction& Industry related), Equipment maintenance & Design services, Equipment rental & leasing (Construction & Industry related), Equipment maintenance & repair, environmental serves (sewage/refuse disposal), Entertainment Parks except Cinema Halls having investment in Building and equipment more than Rs.10 crore. [Any other service enterprises notified by the State Government for inclusion in the list from time to time]

 

Category Block ‘B’

 

Investment Subsidy on VAT:

50% of net VAT/SGST paid for new enterprise for a period of 5 years from the date of commencement of service.

 

Entertainment Tax/SGST (except cinema halls):

Exemption from payment of 50% tax for 5 years for new enterprise with cap of 100% of fixed capital investment.

 

Stamp Duty:

30% refund of stamp duty for new enterprise after commencement of service, within 5 years from the date of filing of IEM.

 

Electricity Duty Exemption:

50% exemption only for new enterprise

 

Category Block ‘C’

Investment Subsidy on VAT:

50% of net VAT/SGST paid for new enterprise for a period of 5 years from the date of commencement of service.

 

Entertainment Tax/SGST (except cinema halls):

Exemption from payment of 50% tax for 5 years for new enterprise with cap of 100% of fixed capital investment

 

Stamp Duty:

50% refund of stamp duty for new enterprise after commencement of service, within 5 years from the date of filing of IEM

 

Electricity Duty Exemption:

75% exemption only for new enterprise

 

Category Block ‘D’

Investment Subsidy on VAT:

50% of net VAT/SGST paid for new enterprise for a period of 5 years from the date of commencement of service.

 

Entertainment Tax/SGST (except cinema halls):

Exemption from payment of 50% tax for 5 years for new enterprise with cap of 100% of fixed capital investment

 

Stamp Duty:

50% refund of stamp duty for new enterprise after commencement of service, within 5 years from the date of filing of IEM

 

Electricity Duty Exemption:

75% exemption only for new enterprise