State Specific Promotions

Government of Jammu & Kashmir :

  • Highlights:
    • 30% investment subsidy & 20% employment generation subsidy of VAT & CST forseven years
    • 50% exemption on electricity duty for seven years
    • 50% exemption on Land Tax for seven years
    • 50% exemption on stamp duty and conversion charges
  • 2. Additional Specific benefits in Thrust Sector:-
    • For investment of Rs. 100 crore or above but below Rs. 500 crore-
       50% Investment subsidy & 10% Employment generation subsidy of VAT &CST for7 years.
       50% Entry Tax Exemption on capital goods, for setting up new plant orexpansion of existing enterprises before the date of commencement ofcommercial production.
    • For investment of Rs. 500 crore or above Rs. 500 crore-
       65% investment subsidy & 10% Employment generation subsidy of VAT &CST for 10 years.
       50% Entry Tax Exemption on capital goods, for setting up new plant orexpansion of existing enterprises before the date of commencement of commercial production.
  • 3. For further details about policies/ proposals of Government of Jammu & Kashmir, please contact follow the link below: https://jk.gov.in/jammukashmir/?q=content/industries-commerce-department