Draft Haryana Logistics, Retail & Warehousing Policy – 2023
Department of Industry and Commerce of Govt. of Haryana has issued a Draft for Logistics and Warehousing Sector. Right now, Haryana Warehousing, Logistics and Retail Policy 2019 is implementing. In furtherance of this policy, a new draft of said policy brings the good news for Investor in Warehousing and Logistics Sector in Haryana.
In this article, we are sharing herewith some major provision of said policy which may have major impact on your investment decision.
1. Term of Policy
This policy will be valid for a period of 5 Years from the date of notification. It will give an extra timeline for investor who are interested to invest in Warehousing sector.
2. Relaxation of Access Road
A provision of relaxation in Access Road has been made in said policy. Now you can take the subsidy benefits for Agro Warehouse which have at least minimum road access of 22 feet.
3. Minimum Area Norms
Now minimum area Norms has modified in said policy for setting up warehouses in Haryana.
For Agro Warehouse – Minimum 2 Acres Required with 22 Feet Access Road
For Non Agro Warehouse – Minimum 5 Acres Required with 44 Fee Access Road.
Haryana Warehousing Policy Draft Video
4. Definition of New Unit:
If an existing enterprise undertaking expansion/diversification at different location then it shall also be considered as New Enterprises.
5. Continuing of Capital Subsidy:
Capital Subsidy @ 25% of the Fixed Capital Investment subject to maximum of Rs. 5.00 Cr for units setting up in C and D Category Blocks as notified by the department, shall be continued in said draft policy.
6. Additional Incentives of MSME:
Now a Warehousing Unit can avail the additional fiscal incentives of MSME as notified by Haryana Govt. along with the incentives available in Warehousing and Logistic Policy except NET SGST Refund.
Since the public notification is still awaiting of this policy, so readers are advised to take investment decision accordingly.
Further you may download the Draft of said policy herewith. 👇👇
For subsidy planning on warehousing and logistic project, connect with KIP at:
KIP Financial Consultancy Pvt. Ltd.
DSB – 38, Red Square Market, Hisar – 125001 (HR)
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