package of incentives and concessions under karnataka ...
package of incentives and concessions under karnataka ...
package of incentives and concessions under karnataka ...
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. Copy <strong>of</strong> the IEM acknowledgement Part I / II or industrial licensec. Copy <strong>of</strong> First sale invoiced. Copy <strong>of</strong> the Project Report, duly signed by promoter.e. Copy <strong>of</strong> Single Window Clearance Committee approval letter if any.f. L<strong>and</strong> documents/ recordsg. Term loan sanction order <strong>and</strong> investment certificate by Banks, if anyh. CA certificate in case <strong>of</strong> self financed enterprise as per Annexurei. Form <strong>of</strong> declaration regarding employment <strong>of</strong> local persons in Annexure.j. VAT Registration Certificatek. Copy <strong>of</strong> partnership deed/ Memor<strong>and</strong>um <strong>and</strong> Articles <strong>of</strong> Association/ Bye-lawsl. Statement <strong>of</strong> details <strong>of</strong> annual requirement <strong>of</strong> raw materials/ inputs/ components<strong>and</strong> consumables for which entry tax exemption to be claimed.The Director IT & BT/ KBITS after verification <strong>of</strong> the claim <strong>of</strong> the enterprise has to issue theentry tax exemption certificate to the enterprise in the prescribed pr<strong>of</strong>orma as inAnnexure in respect <strong>of</strong> MSMEs including the claims <strong>of</strong> large <strong>and</strong> mega7.0 Incentives for Export Oriented Enterprises <strong>under</strong> Semiconductor Policy 2010.Exemption from payment <strong>of</strong> Entry Tax100% exemption from payment <strong>of</strong> Entry Tax on Plant <strong>and</strong> Machinery <strong>and</strong> Capital Goods foran initial period <strong>of</strong> 3 years from the date <strong>of</strong> commencement <strong>of</strong> project implementation is availableto all 100% EOUs Manufacturing Micro, Small <strong>and</strong> Medium Enterprises <strong>and</strong> Large <strong>and</strong> Megaindustries both for establishment <strong>of</strong> new enterprises or for Expansion, Diversification, <strong>and</strong>Modernization <strong>of</strong> existing industries, irrespective <strong>of</strong> zone (i.e. for both own/ financed enterprises)For other manufacturing MSMEs, Large <strong>and</strong> Mega (both own/ financed) new orExpansion/ Modernization/ Diversification EOUs, (minimum export obligation <strong>of</strong> 25% <strong>of</strong> theirtotal turn over) 100% exemption is available from payment <strong>of</strong> Entry Tax on raw materials,inputs, components, parts <strong>and</strong> consumables (excluding petroleum products) for an initial period<strong>of</strong> 3 years from the date<strong>of</strong> commencement <strong>of</strong> commercial production in Zone -1, 2 <strong>and</strong> 3 <strong>and</strong> 50% in Zone-4.7.1 Procedure for availing <strong>incentives</strong> for EOUs :The eligible Micro, Small, Medium Enterprises, Large <strong>and</strong> Mega enterprises shall apply to theDirector, IT & BT/ KBITS along with the required documents.27
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