How to Avail Govt. Grants, Incentives, Subsidy in Haryana
In this blog you will get the full details regarding which all things you have to take care on your mind while doing business in haryana.
Firstly, we will describe you all the policies which is covered under haryana-
1. HEEP Policy – Haryana Enterprises & Employment Policy.
2.Subsidy Available under Haryana Warehousing and Logistic Policy
3. Subsidy available under Haryana Gramin Udyogic Vikas Yojna
4. Subsidy Available Under Haryana Textile Policy.
Subsidy Available under HEEP, 2020 (For MSME Units)
| Sr. no. | Type of Subsidy | Quantum of Benefits | Apply Timelines | Block A | Block B | Block C | Block D |
|---|---|---|---|---|---|---|---|
| 1 | Stamp Duty Refund | 60% to 100% with No CAP | Within 3 Months From the date of Commencement of Commercial Production | N.A | 60% | 75% | 100% |
| 2 | Electric Duty Exemption | 100% Exemption | Within 3 Months From the release date of connection | N.A | 100% Exemption For 7 Years | 100% Exemption For 10 Years | 100% Exemption For 12 Years |
| 3 | Testing Equipemnt | 50% of Cost, Max. up to Rs. 20.00 Lacs | Within 3 Months From the Date of Purchase of Equipment | 50%, Max. Rs. 20.00 Lacs | 50%, Max. Rs. 20.00 Lacs | 50%, Max. Rs. 20.00 Lacs | 50%, Max. Rs. 20.00 Lacs |
| 4. | Interest Subsidy on Term Loan | 5%, Max up to Rs. 20.00 Lacs | Within 3 Months from the end of Financial Year. | N.A | 5%, Max. Rs. 20.00 Lacs Per Year, Up to 3 Years | 5%, Max. Rs. 20.00 Lacs Per Year, Up to 5 Years | 5%, Max. Rs. 20.00 Lacs Per Year, Up to 5 Years |
| 5. | SGST Refund (For MSME) | 50% of Net SGST Paid During the Year | Within 3 Months from the end of Financial Year. | N.A | N.A | 50% for First 7 Years, 35% for Next 3 Years with Cap of 125% of FCI. | 50% for First 10 Years, 35% for Next 3 Years with Cap of 150% of FCI. |
| 5.1 | SGST Refund For Women/SC/ST led Micro Units | 50% of Net SGST Paid During the Year | Within 3 Months from the end of Financial Year. | N.A | 50% for First 7 Years, 35% for Next 3 Years with Cap of 150% of FCI. | 50% for First 7 Years, 35% for Next 3 Years with Cap of 150% of FCI. | 50% for First 7 Years, 35% for Next 3 Years with Cap of 150% of FCI. |
| 6. | Employement Generation Subsidy (Haryana domicile employees having salary <40,000 INR per month) | Rs. 48,000/- Per Employee | Within 3 Months from the end of Financial Year. | N.A | Rs. 48,000/- Per Year For 10 Years | Rs. 48,000/- Per Year For 10 Years | Rs. 48,000/- Per Year For 10 Years |
Subsidy Available under Haryana Warehousing and Logistic Policy
| Sr. no. | Type of Subsidy | Quantum of Benefits | Apply Timelines | Block A | Block B | Block C | Block D |
|---|---|---|---|---|---|---|---|
| 1 | Capital Subsidy | 25% of Construction Cost, Max. up to Rs. 5.00 Cr. | Within 3 Months From the date of Commencement of Commercial Production | N.A | N.A | 25% of Construction Cost, Max. up to Rs. 5.00 Cr. | 25% of Construction Cost, Max. up to Rs. 5.00 Cr. |
| 2 | A Warehouse Unit, over and above the Capital Subsidy can take the benefits of other scheme as mentioned in HEEP, 2020 Policy, |
Subsidy Available under Haryana Gramin Udyogic Vikas Yojna (For Rural Area - Micro Units Only)
| Sr. no. | Type of Subsidy | Quantum of Benefits | Apply Timelines | Block A | Block B | Block C | Block D |
|---|---|---|---|---|---|---|---|
| 1 | Capital Subsidy For General Entrepreneurs | 15% of Civil and P & M Cost, Max. up to Rs. 20.00 Lacs | Within 3 Months From the date of Commencement of Commercial Production | N.A | 15% of FCI, Max. up to Rs. 20.00 Lacs | 15% of FCI, Max. up to Rs. 20.00 Lacs | 15% of FCI, Max. up to Rs. 20.00 Lacs |
| 1.1 | Capital Subsidy For Women/SC Entrepreneurs | 15% of FCI, Max. up to Rs. 25.00 Lacs | Within 3 Months From the date of Commencement of Commercial Production | N.A | 15% of FCI, Max. up to Rs. 25.00 Lacs | 15% of FCI, Max. up to Rs. 25.00 Lacs | 15% of FCI, Max. up to Rs. 25.00 Lacs |
| 2 | Interest Subsidy | 7%, Max. Rs. 8.00 Lacs Per Year for up to 7 Years | Within 3 Months from the end of Financial Year. | N.A | 7%, Max. Rs. 8.00 Lacs Per Year for up to 7 Years | 7%, Max. Rs. 8.00 Lacs Per Year for up to 7 Years | 7%, Max. Rs. 8.00 Lacs Per Year for up to 7 Years |
| 3. | DG Set Subsidy | Rs. 8000/- Per KVA, Max. up to 50% of Cost. | With in 3 Months From the Date of Purchase of Equipment | N.A | Rs. 8000/- Per KVA, Max. up to 50% of Cost. | Rs. 8000/- Per KVA, Max. up to 50% of Cost. | Rs. 8000/- Per KVA, Max. up to 50% of Cost. |
| 4 | A Rural Micro Unit, over and above said benefits can take the benefits of other scheme as mentioned in HEEP, 2020 Policy, |
Subsidy Available under Haryana Textile Policy
| Sr. no. | Type of Subsidy | Quantum of Benefits | Apply Timelines | Block A | Block B | Block C | Block D |
|---|---|---|---|---|---|---|---|
| 1 | Capital Subsidy For All Category of Textile Units | 30% to 35% of Civil and P & M Cost, Max. up to Rs. 3.50 Cr. | Within 3 Months From the date of Commencement of Commercial Production | N.A | 30%, Max. up to Rs. 2.50 Cr. | 35%, Max. up to Rs. 3.50 Cr. | 35%, Max. up to Rs. 3.50 Cr. |
| 2 | A Textile Unit, over and above said benefits can take the benefits of other scheme as mentioned in HEEP 2020 Policy or mentioned in Textile Policy as per eligibility. |
The incentives under the policy will not be available to these industries except State Export Awards and State Awards for MSMEs. The State would not encourage the following categories of Industries for reasons of pollution or water scarcity or planning perspective:
Restricted Business List-
1.Industrial units involving trade effluents and air emissions setup within or operating from the residential areas.
2. Cigars and Cigarettes of Tobacco and manufacture of Tobacco including other Tobacco products.
3. Industrial units for soft drinks/ aerated water and packaged drinking water, (consuming high-water content) located in areas notified as “Dark Zones” for water availability.
4. Stone crushers/ Washeries for reasons of Air and Water Pollution.
5. Lime kilns, Brick kilns except refractory bricks, fly Ash bricks and cement blocks.
6. Copper smelter/ Zinc smelter recovery of Zinc metal from Zinc ash, Dross and Waster for reason of pollution.
7. Manufacture of Ethyl Alcohol/ Distillery/ Fermentation/ Brewery except wines/ liquors/ brandy made from 100% fruits and Barley produced in the State.
8. Sulphuric acid/ thinners & varnishes/ electroplating for reason of pollution.
9. Dyes and Dye intermediates for reasons of high pollution except units covered under zero liquid discharge.
10. Dyeing Industry for yarn and cloth except units covered under zero liquid discharge
11. Refining of used oil for reason of pollution
12. Tanneries for reason of air and water pollution
13. Poultry excluding Hatcheries
14. Fire crackers Manufacturing for reason of explosive & hazardous industry
15. Hot mix plants including site-oriented industries for reason of pollution
For, more information on this you are requested to contact our KIP subsidy helpline on Mail – sales@kipfinancial.com and contact Number- +918683898080
KIP Financial Consultancy Pvt. Ltd.
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