Subsidy on the assessed Value Added Tax (VAT)

The Subsidy on the assessed Value Added Tax (VAT) scheme provides financial assistance to manufacturers in the state by reimbursing the VAT for the first six years from the date of commencement of production. This initiative aims to support the growth of new enterprises and encourage expansion and diversification within the manufacturing sector.

Anywhere in the state

Sponsored by: State
Funding pattern: Assessed Value Added Tax (VAT) for the first six years from the date of commencement of production
Scheme type: Download

• 100% reimbursement of assessed VAT for the first six years
• Financial support for new enterprises and expansions
• Encouragement for manufacturers to commence production

Manufacturers who are starting new enterprises or expanding existing ones can apply for this subsidy. An Eligibility Certificate must be obtained within one year from the date of commencement of production.

Offline

1. Obtain an Eligibility Certificate within one year from the date of commencement of production.
2. Submit VAT reimbursement claims within one month after the completion of each quarter.