Subsidies

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SUBSIDIES

 Charging Stations : 25% capital subsidy on equipment machinery (limited to 10L Rs


per station)for first 250 public EV charging station.
 Factory : Karnataka
1. Capital : Micro – 25% of FA upto Rs 15L

Small – 20% of FA upto Rs 40L

Medium – upto Rs 50L(investment subsidy 20%VFA First 2 units)

2. Electricity : 100%
3. Land conversion fee -100%
4. SGST reimbursement- 100%
5. Others – Registration charge - Rs 1 to 1000

MSME INCENTIVES
 Collateral free loan upto Rs 100L is available on payment of
guarantee fee to bank by MSE under CGT-SME (Credit Guarantee
Trust Fund for Micro Small and Medium Enterprise)
 FAME scheme [1st April 2019 – 31  March 2024] – 40% subsidy on the
st

cost of vehicle available to those whose ex-factory price is limited


to Rs 15L ( for 4- wheelers)
CUSTOM DUTY
 Electric accumulators – Australia Duty 5%
 Electric Accumulators – Switzerland duty 29Fr/100kg brut
LICENCES
 Import Export code
 MSEB (Rs 1000000 ka deposit)
 MSPB – Pollution (Rs 25000to30000)
 a) The Environment (Protection) Act, 1986 ("EPA") 

 Consent for establishment and Consent for operation under Water


(Prevention and Control of Pollution) Act, 1974 (" Water Act") and Air
(Prevention and Control of Pollution) Act, 1981 ("Air Act")
 E-Waste
 Battery (Management and Handling) Rules, 2001
 Industrial Dispute Act 1947
 Factory Act 1948
 EPF /ESI
INCENTIVES AVAILABLE  FOR MANUFATURE OF EV

The Production Linked Incentive (PLI) programme is primarily focused on electric vehicles
(EVs) and hydrogen fuel cell cars, as well as their parts. Champion OEM Incentive Scheme
and Champion Component Incentive Scheme are two distinct schemes within it.

A programme with a sales value link, the Champion OEM Incentive is available for all
battery electric vehicle (BEV) and hydrogen fuel cell vehicle sectors. This component offers
a financial incentive that ranges from 13 to 18%. Any other innovative automotive
technology vehicle listed by the Ministry of Heavy Industries is also covered.

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