The Industrial and Investment Policy of Assam, 2014 was declared by the State Government have laid down of fiscal incentives for investors in Assam. The policy would be valid for five years w.e.f 1/3/2014 and all new units as well as existing unit undergoing substantial expansion, modernization and diversification shall be eligible to enjoy the incentives under the policy.
The highlights of the incentives under the policy are:
- State Capital Investment subsidy for Micro units
- Tax Exemption which includes
- Value Added Tax exemption
- Entry Tax exemption
- Luxury and Tax Exemption.
- Subsidy on quality Certification/Technical knowhow
- 20% State Capital Subsidy on cost of PV Modules upto 20 KW.