IIEPP-2017

IIEPP-20172018-06-04T08:38:06+00:00

Industrial Investment & Employment Promotion Policy – 2017 (IIEPP-2017)

Exemption from Stamp Duty

Sr. No. Particulars Project Implemented Area in Uttar Pradesh
Bundelkhand & Poorvanchal districts Madhyanchal & Paschimanchal districts Gautam Budha Nagar & Ghaziabad districts
1 Land Purchased in UP to set up industrial undertakings 100% 75% 50%

Additional Stamp Duty exemption @ 20% (Maximum 100%) in case industrial undertakings having at least 75% equity owned by DIVYANG / SC / ST / FEMALE promoters.

Interest Subvention on the term loan availed for procuring Plant and Machinery

  • Interest subvention on term loans availed by units for installation of plant and machinery.

  • Interest subvention @ 5% for 5 years restrict to Rs. 50.00 Lakhs per year

  • Additional Interest subvention @ 2.5% (maximum 7.5%) for 5 years in case industrial undertakings having at least 75% equity owned by DIVYANG / SC / ST / FEMALE promoters.

Interest Subvention on the term loan availed for Infrastructure

  • Interest subvention on term loans availed by units for development of infrastructural amenities.

  • Interest subvention @ 5% for 5 years restricted to overall ceiling Rs. 100.00 Lakhs.

  • Additional Interest subvention @ 2.5% (maximum 7.5%) for 5 years in case industrial undertakings having at least 75% equity owned by DIVYANG / SC / ST / FEMALE promoters.

Interest Subvention on the term loan availed for Quality development

  • Interest subvention on term loans availed by units for industrial research, quality improvement, testing labs, quality certification labs and tool rooms.

  • Interest subvention @ 5% for 5 years restricted to overall ceiling Rs. 100.00 Lakhs.

New units will be exempted from Electric duty for 10 years

EPF reimbursement

  • New industrial undertakings provide direct employment to 100 or more unskilled workers will be reimbursed 50% of the Employer’s EPF contribution for 5 Years after 3 Years from the date of commercial production.

  • Additional EPF reimbursement @ 10% (maximum 70%) in case industrial undertakings having at least 75% equity owned by DIVYANG / SC / ST / FEMALE promoters.

Employment Generation Incentive

  • Undertaking generating minimum employment of 200 direct workers including skilled and unskilled will be provided 10% additional EPF reimbursement on Employer’s EPF contribution.

  • Undertaking providing employment to differently abled workers will be provided payroll assistance of Rs. 500 per month for each such worker.

SGST reimbursement criteria

Category wise Quantum, Limits and Period of reimbursement of SGST

Category of Industry Annual % of GST reimbursement Duration (Years) Annual Ceiling % of Admissible Capital Investment Admissible Capital Investment
Bundelkhand & Poorvanchal Madhyanchal Paschimanchal Gautam Buddha Nagar & Ghaziabad
SGST (Eligibility for reimbursement of deposited GST will be on a quarterly basis)
Small 90% 5 20% 100% 90% 90% 80%
Medium 60% 5 20% 100% 90% 90% 80%
Large 60% 5 20% 100% 90% 90% 80%
Mega/Mega Plus/Super Mega 70% 10 20% 300% 200% 100% 80%

Criteria for MEGA, MEGA PLUS, SUPER MEGA units in various regions of Uttar Pradesh

Unit Type Regions of Uttar Pradesh
Bundelkhand & Poorvanchal districts Madhyanchal & Paschimanchal districts Gautam Buddh Nagar & Ghaziabad districts
Mega Capital Investment of more than Rs. 100 Crores but less than Rs. 250 Crores.
OR
Providing employment to more than 500 workers
Capital Investment of more than Rs. 150 Crores but less than Rs. 300 Crores.
OR
Providing employment to more than 750 workers
Capital Investment of more than Rs. 200 Crores but less than Rs. 500 Crores.
OR
Providing employment to more than 1000 workers
Mega Plus
Capital Investment of more than Rs. 250 Crores but less than Rs. 500 Crores.
OR
Providing employment to more than 1000 workers
Capital Investment of more than Rs. 300 Crores but less than Rs. 750 Crores.
OR
Providing employment to more than 1500 workers
Capital Investment of more than Rs. 500 Crores but less than Rs. 1000 Crores.
OR
Providing employment to more than 2000 workers
Super Mega Capital Investment of or more than Rs. 500 Crores
OR
Providing employment to more than 2000 workers
Capital Investment of or more than Rs.750 Crores
OR
Providing employment to more than 3000 workers
Capital Investment of or more than Rs. 1000 Crores
OR
Providing employment to more than 4000 workers