Karnataka Agricultural Policy - Institute for Social and Economic ...

Karnataka Agicultural Policy 2006
5 Sales tax deferred
(KST/VAT)
S. T. Exemption or
6 years S. T. deferment-
Only for those SSI which
were half way through
deferment
6 Khadi and Village
Industries are exempted
from Payment of CST and
VAT on sale of finished
goods
7 Mega Projects
Special incentive package
shall be considered
depending on the merits of
each case
8 Export oriented industries
Subsidy on export
equipment But input tax 100
%
9 Exemption from Stamp duty
and Concessional
registration charges
10 Entry tax & Special Entry
tax concessions
No Yes No Yes No
Yes Yes No No No
No No No Yes No
Yes Yes Yes Yes Yes
Yes Zone 1: Full exemption, Zone 2: 75
% exemption, Zone 3: Nil
Yes
Zone 1&2: i) ET & ET exemption
on “ Plant & Machinery and Capital
Goods” for an initial period of 3
years from the date of
commencement of project
implementation. For this purpose,
the term “Plant & Machinery and
Capital Goods also includes Plant &
Machinery and Capital Goods i.e.,
equipment etc. which is put up in the
power project units for captive
generation of Electricity.
No
No
93