IncentivesIncome Tax exemption
100% for the first 5 years.
50% for the consecutive 5 years.
50% exemption on profits ploughed back, for the third 5 years.
100% Foreign Direct Investment in manufacturing sector allowed.
Exemption of Custom Duty / Central Excise Duty on imports / domestic purchases of capital goods, raw materials, spares, consumables etc. for setting up units.
Relaxed labor laws and local resolving of disputes.
Facility to realize and repatriate export proceeds within 12 months.
Exemption from industrial licensing requirement for items reserved for SSI sector.
Profits allowed to be repatriated freely without any dividend - balancing requirement.
In-house customs clearance for hassle free operations.
Units entitled to reimbursement of Central Sales Tax on domestic purchases.
Domestic sales allowed on payment of duty, subject to import policy in force.
Single Window Clearances.