Incentive to Industry in Gujarat
 
Get minimum 70% refund of investment in factory set up in Gujarat
 
Applicability of scheme:
applicable to an industrial unit which commences commercial production during the operative period of scheme in Gujarat (2016-21)
Eligible Investment:
Land, building, plant and machinery, Technology, design and drawings, patents, project related infrastructure
Quantum of Incentive:
minimum refund of 70% of eligible investment in taluka of category of 3 – additional percentage if set up in category 1 or 2 taluka - subject to certain percentage of net VAT/ SGST reimbursement
Time period for consideration of eligible fixed investment:
The assets acquired and paid on or after 1/1/2015 till the following time:
  • MSME: 12 month from Date of Commencement of Production
  • Large Industries (more than 10 crore investment): 15 month from DOCP
Other condition:
  • Unit has to employ at least 85% of its total employees domiciled in Gujarat.
  • Also employ not less than 60% of managerial and supervisory staff
Our Deliverables:
We provide service of getting above subsidy from Gujarat Government. We have team of competent professional expertise in providing assistance for getting above subsidy from Gujarat Government and offer various related services to our clients who do not have to make any extra efforts to get above subsidy.


 
     
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