Investment Facilitation Cell (IFC) Government of Assam July, 2015 IFC- Assam.

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INVEST IN ASSAM INFORMATION TO INVESTORS Investment Facilitation Cell (IFC) Government of Assam July, 2015 IFC- Assam

Transcript of Investment Facilitation Cell (IFC) Government of Assam July, 2015 IFC- Assam.

Page 1: Investment Facilitation Cell (IFC) Government of Assam July, 2015 IFC- Assam.

INVEST IN ASSAM INFORMATION TO

INVESTORS

Investment Facilitation Cell (IFC)Government of Assam

July, 2015

IFC- Assam

Page 2: Investment Facilitation Cell (IFC) Government of Assam July, 2015 IFC- Assam.

Registration : EM-1, EM-2/IEMIn case of Micro, Small & Medium Enterprises

(investment in Plant & machinery upto Rs.10 Cr) :Before production : Entrepreneur Memorandum part -1

(EM-1), this is valid for 2 years only.After production and submit within 6 months –

Entrepreneur Memorandum part-2 ( EM-2).May apply online through www.diccassam.com

In case of Large Enterprises ( if the value of Plant & Machinery exceeds Rs.10 Cr)Industrial Entrepreneurs Memorandum (IEM) at SIA of

Department of Industrial Policy & Promotion (DIPP), Government of India . Visit www.dipp.nic.in .

IFC- Assam

Page 3: Investment Facilitation Cell (IFC) Government of Assam July, 2015 IFC- Assam.

North East Industrial & Investment Promotion Policy, 2007 NEIIPP : Effective from 01.04.2007 to 31.03.2017Incentives available to New as well as Existing units

undergoing substantial expansion located anywhere in the NER.

Incentives Available to Manufacturing as well Service Sector activities too.

Services Sectors includes : Hotels (not below Two Star category), adventure and

leisure sports including rope ways.Nursing Homes with a minimum capacity of 25 beds and

old age home.Contd….

IFC- Assam

Page 4: Investment Facilitation Cell (IFC) Government of Assam July, 2015 IFC- Assam.

North East Industrial & Investment Promotion Policy, 2007

Vocational training institute such as Institute for Hotel Management, Catering & Food craft, Entrepreneurship Development, Nursing & Peramedical, Civil Aviation related Training, Fashion Design and Industrial Training.

Bio- Technology IndustryPower Generation up to 10 MW both Conventional &

Non-Conventional.Negative List:

All goods falling under Chapter 24 of Central Excise Tariff Act,1985

Contd….

IFC- Assam

Page 5: Investment Facilitation Cell (IFC) Government of Assam July, 2015 IFC- Assam.

North East Industrial & Investment Promotion Policy, 2007

Panmasala under Chapter 21 of Central Excise Tariff Act,1985.

Plastic Carry bags of less than 20 micron.Goods falling under Chapter 27 of Central Excise Tariff

Act,1985.Incentives under NEIIPP, 2007 :

Central Excise Duty Exemption for a period of 10 years.Income Tax Exemption for a period of 10 years.Capital Investment subsidy in plant & machinery @30%

without any limit.Interest subsidy on working capital @3% for a period of 10

years.Contd….

IFC- Assam

Page 6: Investment Facilitation Cell (IFC) Government of Assam July, 2015 IFC- Assam.

North East Industrial & Investment Promotion Policy, 2007

Comprehensive Insurance Scheme: 100% reimbursement of Insurance Premium for a period of 10 years.

Incentives available to:Unit/s set up by Private Sector, Joint Sector, Co-

operative Sector as well as units set up by State Government.

Suspension of Pre Registration:Pre-Registration was suspended w.e.f 1st December, 2014

for (1) Central Capital Investment Subsidy, (2) Interest Subsidy and (3) Reimbursement of Insurance Scheme.

For further details please visit : www.investinassam.com or www.dipp.nic.in

Contd….

IFC- Assam

Page 7: Investment Facilitation Cell (IFC) Government of Assam July, 2015 IFC- Assam.

North East Industrial & Investment Promotion Policy, 2007 : where to applyOn line submission facilities are available in

www.diccassam.com and for any help, call on help line no during office hours at +919678073554.

Applications to be submitted to the concerned District Industries & Commerce Centre (DICC) of the district and contact no of General Managers are available at www.investinassam.com.

Operational guidelines for NEIIPP, 2007 with all forms , procedures, etc available at www.investinassam.com.

Contd….

IFC- Assam

Page 8: Investment Facilitation Cell (IFC) Government of Assam July, 2015 IFC- Assam.

Freight Subsidy Scheme, 2013 (FSS-2013)Effective from 22/1/2013 to 21/1/2018Eligible unit will get the benefit for a period of five

years from the date of going into commercial production.

Rail Head : Siliguri ( West Bengal)Eligible Subsidy/Reimbursement:

90% of Freight Subsidy on Raw Materials and Finished product if brought from outside the North East. ( Both Rail/Road)

90% of Freight Subsidy on Raw Materials if bought from other state of North East. ( Both Rail/Road)

IFC- Assam

Page 9: Investment Facilitation Cell (IFC) Government of Assam July, 2015 IFC- Assam.

Freight Subsidy Scheme, 2013 (FSS-2013)Eligible Subsidy/Reimbursement:

50% of Freight Subsidy on Finished Products if send to other state/s of North East. ( Both Rail/Road

90% of Freight Subsidy on Steel Materials brought from SAIL stock yard to location of the factory

75% of Freight Subsidy on Raw Materials/ Finished products brought from Kolkata to nearest Airport of the unit then by Rail/Road , vise versa.

IFC- Assam

Page 10: Investment Facilitation Cell (IFC) Government of Assam July, 2015 IFC- Assam.

FSS- 2013 :Negative ListFollowing activities are in Negative list :

(i) All goods falling under Chapter 24 of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) which pertain to tobacco and manufactured tobacco substitutes.(ii) Pan Masala as covered under Chapter 21 of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) (iii) Plastic carry bags of less than 20 microns as specified by the Ministry of Environment and Forests Notification No. S.O. 705(E) dated 02.09.1999 and S.O. 698(E) dated 17.06.2003.(iv) Goods falling under Chapter 27 of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) produced by petroleum oil or gas refineries.(v) Low value addition activities like preservation during storage, cleaning operations, packing, repacking or re-labeling, sorting, alteration of retail sale price etc take place.(vi) Coke (including Calcined Petroleum Coke).(vii) Fly Ash.

IFC- Assam

Page 11: Investment Facilitation Cell (IFC) Government of Assam July, 2015 IFC- Assam.

FSS- 2013 : Where to applyFSS-2013 and Operational Guidelines are available

at www.investinassam.com which is in word format and easily downloadable.

Applications for Registration to be submitted to the concerned General Manager, DICC of the district.

All Claims to be submitted to the concerned General Manager , DICC of the district within the prescribed time frame along with the Checklist/documents.

IFC- Assam

Page 12: Investment Facilitation Cell (IFC) Government of Assam July, 2015 IFC- Assam.

Industrial & Investment Policy of Assam, 2014Effective from 01/03/2014 to 28/02/2019Detail Policy and its operational guidelines are available at

www.investinassam.comMajor incentives :

Mega Project StatusTax Incentives like

VAT exemption for a period of 15 years. Entry Tax Exemption 50 % Luxury Tax exemption.Detail Notifications : (1) No. FTX.71/2014/89 dtd 30th March, 2015 , (2) No.FTX.143/2009/45 dtd 23rd March, 2015, (3) No.FTX.47/2013/19 dtd 23rd March, 2015 and (4) No.FTX.47/2013/pt/2 dtd 23rd March, 2015 may be downloaded from

www.tax.assam.gov.in or www.investinassam.com

IFC- Assam

Page 13: Investment Facilitation Cell (IFC) Government of Assam July, 2015 IFC- Assam.

Industrial & Investment Policy of Assam, 2014 : Tax Exemption

Category Micro Small Medium & Large

New Maximum of 200 % of Fixed capital Investment

Maximum of 150 % of Fixed capital Investment

Maximum of 100 % of Fixed capital Investment

New & Existing unit undergoing Expansion/ Modernization/Diversification

Maximum of 150 % of additional Fixed capital Investment

Maximum of 100 % of additional Fixed capital Investment

Maximum of 90 % of additional Fixed capital Investment

Contd…

Micro units : Amount of Tax Exempted or 15 years whichever is earlier.Other than Micro units :

(i) 1st and 2nd Years : 100%(ii) 3rd & 4th years : 80% of tax payable subject to 0% of installed capacity of

the unit.(iii) 5th to 15th Years onward : 50% of tax payable subject to utilization of 60%

of the installed capacity of the unit.The limit of entitlement is mentioned below:

IFC- Assam

Page 14: Investment Facilitation Cell (IFC) Government of Assam July, 2015 IFC- Assam.

Industrial & Investment Policy of Assam, 2014 : Tax Exemption

Category Micro Small Medium & Large

New Maximum of 250 % of Fixed capital Investment

Maximum of 180 % of Fixed capital Investment

Maximum of 100 % of Fixed capital Investment

New & Existing unit undergoing Expansion/ Modernization/Diversification

Maximum of 200 % of additional Fixed capital Investment

Maximum of 120 % of additional Fixed capital Investment

Maximum of 90 % of additional Fixed capital Investment

Contd…

VAT Exemption for units setup in Plastic ark, Food Park, Tea Park & other Parks developed by or in-collaboration with State/Central Government:All eligible units will be entitled to following exemption :

The limit of entitlement is mentioned below:

IFC- Assam

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Industrial & Investment Policy of Assam, 2014 : Where to submit applicationTo get the incentives under Industrial & Investment Policy,

2014, Eligibility Certificate (EC) is a must.Application for Eligibility Certificate to be submitted to the

concerned authority (other than Micro units) within one year from the date of going into commercial production.

Application for EC should be submitted to : In case of Micro & Small units – to the concerned District

Industries & Commerce Centre (DICC) of the State. For Medium & Large Industries – to the Managing Director,

Assam Industrial Development Corporation Ltd (AIDC Ltd),RGB Road, Guwahati- 781 024.

Note : Process of Online Submission is going on, till completion, units may submit their applications with supporting documents to concerned implementing agency.

IFC- Assam

Page 16: Investment Facilitation Cell (IFC) Government of Assam July, 2015 IFC- Assam.

Application for Status of Mega project:Application along with the Project Report, Company

Registration, Copy of IEM , land and other documents ( if available) may be submitted directly to “ Addl. Chief Secretary to the Government of Assam, Industries & Commerce Department, Block-C, 2nd Floor, Assam Secretariat, Dispur , Guwahati- 781 006”.

Contact No: +913612237256.After scrutiny, the proposal will be placed before the

appropriate Committee to grant of Mega Status.

IFC- Assam

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Availability of land : North East Mega Food parkNorth East Mega Food Park, Nathkuchi,

Tihu , Nalbari ( 80 Km from Guwahati along East West Corridor )

Project CoordinatorNorth East Mega Food ParkHotel Brahmaputra Ashok, MG Road, Guwahati- 781 001Ph : +91-361-2736293, Fax : +91-361-2736294E-mail : [email protected] : www.nefoodpark.com

IFC- Assam

Page 18: Investment Facilitation Cell (IFC) Government of Assam July, 2015 IFC- Assam.

Availability of land/shed : Bamboo Technology Park, ChaygaonBamboo Technology Park, Jambari Chaygaon ( 60 Km from Guwahati)

Project CoordinatorBamboo Technology ParkHouse No: 265, Chandmari, Guwahati- 781 003E-mail : [email protected] URL : www.bambootechnologypark.com

IFC- Assam

Page 19: Investment Facilitation Cell (IFC) Government of Assam July, 2015 IFC- Assam.

Availability of land/sheds : Plastic Park at Tinsukia,/ Industrial Growth

Centre Matia, Goalpara,/ Industrial Growth Centre Balipara, Sonipur/ IID Silapathar, Dhemaji/ IID Titabor, Jorhat/ IID Naltoli, Nagaon/ IID Malinibeel, Cachar, etc.Managing Director

Assam Industrial Development Corporation LtdRGB Road, Guwahati- 781 024Ph:+91-361-2200399/2202216E-mail: [email protected] URL: www.aidcltd.com Allotment : Up to 2 Acre by Managing Director, above 2 Acre by a State

Level Committee

IFC- Assam

Page 20: Investment Facilitation Cell (IFC) Government of Assam July, 2015 IFC- Assam.

Availability of land/sheds : IID Parbatipur, Tinsukia/ IID Serfunguri,

Kokrajhar, IID Banderdewa, Lakhimpur/ IGC Chaygao/ Industrial Area , Dobari, Sonitpur, etc.Managing Director

Assam Industrial Infrastructure Development Corporation (AIIDC)Industrial Estate, Bamunimaidam, Guwahati- 781 021Ph:+91-361-2556864/09435015207E-mail: [email protected]/ [email protected] URL: www.aiidcassam.in Allotment : Up to 2 Acre by Managing Director, above 2 Acre by a State Level Committee

IFC- Assam

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Availability of land/sheds : Food Park Chaygaon, Kamrup (R) , etc.

Managing DirectorAssam Small Industries Development Corporation (ASIDC Ltd)Bamunimaidam, Guwahati- 781 021Ph:+91-361-2550264 Allotment : Up to 2 Acre by Managing Director, above 2 Acre by a State Level Committee

IFC- Assam

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Industrial Facilitation Cell: AssamSl Name & designation Contact no/e-mail

1 Shri. Swapnanil Barua, IASCommissioner of Industries & Commerce, Assam, Udyog Bhawan, Bamunimaidam, Guwahati- 781 021

0361-2550242/[email protected]

2 Shri. P K SaikiaAdditional Director of Industries & Commerce, Udyog Bhawan, Bamunimaidam, Guwahati- 781 021

[email protected]

3 Shri. Bipul DasAdditional Director of Industries & Commerce, Udyog Bhawan, Bamunimaidam, Guwahati- 781 021

[email protected]

4 Shri. P ChoudhuryJoint Director of Industries & Commerce, Udyog Bhawan, Bamunimaidam, Guwahati- 781 021

09435109331

5 Shri. T KatakiDy. Director of Industries & Commerce, Udyog Bhawan, Bamunimaidam, Guwahati- 781 021

[email protected]

IFC- Assam

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Useful linksSl Activities URL

1 Industries & Commerce www.investinassam.com andwww.diccassam.com

2 Taxation www.tax.assam.gov.in

3 Power & Electricity www.apdcl.gov.in

4 Pollution Control www.pcbassam.org

5 Gauhati Municipal Corporation www.gmcportal.in

6 Guwahati Metropolitan Development Authority

www.gmda.co.in

7 Fire services www.fesassam.org

8 Contact address of Officials of Industries & Commerce Department

www.investinassam.com/contact.php

IFC- Assam

Page 24: Investment Facilitation Cell (IFC) Government of Assam July, 2015 IFC- Assam.

Thank YouVisit us at : www.investinassam.com

Call us at :+919678073554

IFC- Assam