Stamp Duty Refund
100% Stamp Duty Refund on Buying of Land For Warehouse Business in Haryana.
If you are going to setup the warehouse unit, you must get the benefit under this scheme on the stamp duty paid on Land as per the terms specified in the policy for the eligible units.
Under the scheme, The main motive of the Government is to make the state a hub for the warehouse units and an up gradation of technologies, infrastructure and employment generation.
For the achievement of their mission, the government support the private sector to come in front &.
Setup the warehouse business in which government will support them financially by providing the various incentives.
If you are planning to set up Warehouse Unit in other state of India, then you should work out of this benefits.
Almost all state Govt are giving priority to set up warehouse business and they are giving the incentives of stamp duty refund.
The units are eligible to avail this incentives if they meet the following conditions as:-
All New Enterprises for warehousing and logistics gone into commercial production on or after 09.03.2019 and also comply with following conditions as:-
1. The unit shall file IEM/ Udyog Aadhar Memorandum.
2. Unit should have obtained NOC/CLU from competent authority, if applicable.
3. A unit should be in regular production at the time of disbursement and the subsidy shall not be released to the closed unit.
4.Unit should be in commercial production.
Financial Assistance/Subsidy/Benefits Available:
The Quantum of Assistance as under would be provided as per the given below terms:
1. 100% Stamp Duty Refund on the buying of Land for the Purpose of Warehousing.
2.1 Unit can take the benefits of Capital Subsidy @25% on Construction Cost as per eligibility.
2.2 Interest subvention @3% up to 7 Year if warehouse has been constructed for Agriculture purpose.
2.3 Refund of CLU Fees
There are many other incentives available under the scheme for the Capital expenditure, Interest benefits, Electricity Duty, External Development Charges and Commercial license fees etc.
Note: The other incentives specified under Haryana Enterprises and Employment Policy, 2020 shall also be permissible for Warehousing and Logistics units.
So if you are going to plan for set up a New Warehouse Unit then You should plan according to above said scheme.
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Click at– https://rzp.io/l/warehousebusinesssubsidy
And, If you want to know more about other New Businesses & Subsidies Click at
Warehouse Business- https://kipfinancial.com/warehouse-business/
Silo Warehouse- https://kipfinancial.com/silo-warehouse/
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