Stamp Duty Exemption Scheme for Uttar Pradesh MSMES
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Are doing your business in UP and also fall under MSME unit
If yes,
Then avail the benefit of Stamp Duty Exemption Scheme
Stamp Duty Exemption Scheme” for Uttar Pradesh MSMEs under “Uttar Pradesh MSME Promotion Policy, 2022”.
UP Government has setup this policy with a vision –
• To make UP an attractive destination for investment.
• To achieve growth in employment generation.
• To promote regional economic and social balance through industrial development.
• To promote development of MSME Parks in Private Sector.
Here we going to share with you stamp duty incentive for MSME units located in Uttar Pradesh (UP).
Financial Assistance/Subsidy Benefit Available
Stamp Duty Exemption :
Except for Gautam Budh Nagar & Ghaziabad where stamp duty exemption is available @ 50% only.
Notes :
1. Women entrepreneurs will be eligible for 100% stamp duty exemption in any part of the state.
2. MSME industrial parks/ estates/ flatted factory complex developers will be eligible for 100% stamp duty exemption on purchase of land.
Eligibility for availing Stamp Duty Exemption
• Micro, Small & Medium Enterprises of the state are eligible for aforesaid incentive.
• Eligible investment period under the policy will be 2, 3 & 4 years for micro, small and medium enterprises respectively from the date of application.
• The units will have to start commercial production during the eligible investment period.
• Incentives under one head/category can only be availed under the said policy.
Period of Applicability of Scheme
The Policy will be applicable for period of 5 years from the date of its notification.
So ,If you are micro, small or medium enterprise in Uttar Pradesh. Then, You can enjoy maximum benefit of stamp duty incentive of above said policy. So, plan accordingly and take maximum benefits out of it.
Want to know about Capital subsidy in UP
Then click here:- https://kipfinancial.com/capital-subsidy-for-logistic-parks-dry-ports-project/
And Also fix a free appointment for the same :- https://forms.gle/RQicNC67oPsiVRe79
Contact us at– 8683898080.
Visit our office:- KIP Financial Consultancy Pvt. Ltd.
DSB – 38, Red Square Market, Hisar – 125001 (HR)
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