This document outlines fiscal incentives for defence and aerospace manufacturing projects in Haryana as per the Enterprises Promotion Policy (EPP) 2020. It provides subsidies and exemptions on investment, employment generation, interest rates, stamp duty, electricity duty, and open access charges for micro, small and medium enterprises based on the location of the project in one of four designated blocks (A, B, C, or D). The incentives increase for projects located in blocks further from urban areas, with block D projects receiving the highest percentages of subsidies and longest exemption periods. The policy aims to incentivize investment, job creation, and industrial development in these strategic sectors.
This document outlines fiscal incentives for defence and aerospace manufacturing projects in Haryana as per the Enterprises Promotion Policy (EPP) 2020. It provides subsidies and exemptions on investment, employment generation, interest rates, stamp duty, electricity duty, and open access charges for micro, small and medium enterprises based on the location of the project in one of four designated blocks (A, B, C, or D). The incentives increase for projects located in blocks further from urban areas, with block D projects receiving the highest percentages of subsidies and longest exemption periods. The policy aims to incentivize investment, job creation, and industrial development in these strategic sectors.
This document outlines fiscal incentives for defence and aerospace manufacturing projects in Haryana as per the Enterprises Promotion Policy (EPP) 2020. It provides subsidies and exemptions on investment, employment generation, interest rates, stamp duty, electricity duty, and open access charges for micro, small and medium enterprises based on the location of the project in one of four designated blocks (A, B, C, or D). The incentives increase for projects located in blocks further from urban areas, with block D projects receiving the highest percentages of subsidies and longest exemption periods. The policy aims to incentivize investment, job creation, and industrial development in these strategic sectors.
NO. MICRO, SMALL MICRO, SMALL MICRO, SMALL & MEDIUM & MEDIUM & MEDIUM 1 Investment 50% of net SGST 75% of net SGST 75% of net SGST Subsidy in for 7 years in B for 8 Years in C for 10 Years in Category blocks Category blocks D Category lieu of SGST with cap of with cap of blocks with cap 100% of FCI. 125% of FCI. of 150% of FCI.
MICRO, SMALL MICRO, SMALL MICRO, SMALL
& MEDIUM & MEDIUM & MEDIUM 2 Employment persons persons For all the Generation belonging to belonging to persons Haryana Haryana Subsidy (skilled/semi- (skilled/semi- skilled) [having skilled) [having Haryana Haryana Subsidy @ Rs Resident Resident 48,000/- per Certificate] Certificate] year for SC/ Subsidy @ Rs Subsidy @ Rs Women and Rs 48,000/- per 48,000/- per year for SC/ year for SC/ Women and Rs Women and Rs 36,000/- per 36,000/- per 36,000/- per year for general year for general year for general category for 5 category for 5 category for 5 years years years with ESI/PF with ESI/PF with ESI/PF Number Number Number
MICRO & MICRO & MICRO &
SMALL SMALL SMALL 3 Interest 5% for Micro 6% for Micro 6% for Micro Subsidy and Small and Small and Small Enterprises on Enterprises on Enterprises on term loan or term loan or term loan or maximum up to maximum up to maximum up to Rs. Rs. Rs. 10.00 lakh per 10.00 lakh per 10.00 lakh per year for 3 years year for 5 years year for 5 years in ‘B’ Categories in ‘C’ in ‘D’ Blocks Categories Categories Blocks Blocks
MICRO, SMALL MICRO, SMALL MICRO, SMALL
& MEDIUM & MEDIUM & MEDIUM 4 Stamp Duty 80% in ‘B' 100% refund in 100% refund in category blocks ‘C’ category ‘D’ category on the land blocks on the blocks on the land land meant for meant for meant for industrial use industrial use industrial use after after after commencement commencement commencement of commercial of commercial of commercial production, production, production, within 5 within 5 within 5 years from the years from the years from the date of date of date of purchase of purchase of purchase of land. land. land.
MICRO, SMALL MICRO, SMALL MICRO, SMALL
& MEDIUM & MEDIUM & MEDIUM 5 EDC Charges 50% exemption 50% exemption 50% exemption of EDC of EDC of EDC
MICRO, SMALL MICRO, SMALL MICRO, SMALL
& MEDIUM & MEDIUM & MEDIUM 6 Electricity 100% 100% 100% Duty exemption for exemption for exemption for for 5 years in 'B' 7 years in ‘C’ 10 years in ‘D’ Exemption category blocks category blocks category blocks
MICRO, SMALL MICRO, SMALL MICRO, SMALL
& MEDIUM & MEDIUM & MEDIUM 7 Open Access Exemption from Exemption from Exemption from Charges open excess open excess open excess charges charges charges maximum up to maximum up to maximum up to Rs. 1.00 per unit Rs. 1.00 per unit Rs. 1.00 per unit (Wheeling (Wheeling (Wheeling Charges, Charges, Charges, Transmission Transmission Transmission Charges, Cross Charges, Cross Charges, Cross subsidy subsidy subsidy Surcharge and Surcharge and Surcharge and Additional Additional Additional Surcharge in Surcharge in Surcharge in case of Medium case of Medium case of Medium and Large units and Large units and Large units in Thrust in Thrust in Thrust sectors sectors sectors