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 |