Eligibility:
The following units will be eligible to avail of this incentive:
- New units, as well as Expanding units will be eligible to avail of this incentive in both Zone A and Zone B.
- All eligible units located in Zone A District in the States of North-Eastern Region will be provided Capital Investment Incentive @30% of the eligible investment made in plant and machinery (for the manufacturing sector) or for construction of building and installation of other durable physical assets (for services sector) with a maximum limit of Rs. 5.00 crore. For those sectors where GST is not applicable, the maximum limit of this incentive will be Rs. 10.00 crore.
- All eligible units located in Zone B category blocks in the States of North-Eastern Region will be provided Capital Investment Incentive @50% of the eligible investment made in plant and machinery (for manufacturing), or for construction of building and installation of other durable physical assets (for services sector) with a maximum limit of Rs.7.50 crore. For those sectors where GST is not applicable, the maximum limit of this incentive will be Rs. 10.00 crore.
- A new unit registered under the scheme will not be eligible to avail of the benefit under substantial expansion. A unit can avail of this incentive only once under the scheme.
