Andhra Pradesh (AP) Industrial Policy 2015-2020:

To promote Andhra Pradesh as an attractive and competitive destination for industrial investments, the State Government has offered various incentives/benefits such as power cost reimbursement, sales tax, capital subsidy incentive among others to all eligible new and existing industrial enterprises in the state.

We at Interlink Capital Help in getting package scheme incentives in Vishakhapatnam, Vijayawada, Guntur, Nellore, Kurnool, Rajahmundry, Kadapa.

Trial investment is predicated on the following factors factors:

Visionary Leadership , 24x7 power supply , Conducive Business Environment , Industrial Land Bank , Fiscal Incentives, Progressive Labor Policies and Skill Development , Robust Infrastructure ,Effective Law and Order

About The Package Scheme Of Incentives for Andhra Pradesh:

• Land

• Government land bank: The state of Andhra Pradesh has an identified land bank of 3 lakh acres and is further in the process of consolidating an additional industrial land bank of approximately 7 lakh acres.
• Land Pooling/Acquisition and Allotment :
• Land consolidation Consolidation of Industrial Land will be done by the Industries & Commerce Department

• Fiscal Incentives

• Investors will be eligible for applicable incentives announced by Government of India for setting up industries in the state of AP
• GOAP recognizes the need for sector specific fiscal incentives to improve the competitiveness of AP based firms and has made provision for various financial incentives. Further expansion/diversification projects will also be eligible for incentives mentioned in the Industrial Development Policy 2015 – 2020. Eligibility criteria’s for expansion/diversification projects will be mentioned separately in the guidelines

• Ease of Doing Business

• Single Desk Clearance - Measures to simplify processes& procedures-Spot Approvals, Deemed Approval based on self-certification, Parallel Processing of clearances Measures to simplify processes& procedures
• Spot Approvals:
• Deemed Approval based on self-certification:
• Assignment of Inspection to Private Technical Experts:
• Parallel Processing of clearances:

Power

GoAP is committed to supplying uninterrupted 24x7 quality power to all industries

operating in the state. Andhra Pradesh is one of the three states selected under the centrally-sponsored “Power For All” scheme.

Special package of incentives

Government of Andhra Pradesh is fully committed to the well-being of the Socially

Disadvantaged Groups viz., the Scheduled Castes (SCs), the Scheduled Tribes (STs)

Backward Class (BC) and Women. In order to actively involve them in economicdevelopment for inclusive growth, special package of incentives have been proposed. Theseunits should be wholly promoted by SC/ST/BC and Women entrepreneurs

Incentives for MSME

GoAP places strong impetus on development of MSME’s. The Government intends to offer a conducive eco-system and competitive fiscal incentives to MSMEs. Details of fiscal incentives pertaining to MSMEs will be charted in a dedicated MSME policy. Incentive with regards to stamp duty and VAT/CST/SGST are mentioned below:

Stamp Duty

100% of stamp duty and transfer duty paid by the industry on purchase of land meant for industrial use will be reimbursed 100% of stamp duty for lease of land/shed/buildings, mortgages and hypothecations will be reimbursed Stamp duty will be reimbursed only one time on the land. Stamp duty will not be waived on subsequent transactions on the same land

VAT/CST/SGST

For micro & small enterprises, 100% of net VAT/CST/SGST will be reimbursed for a period of 5 years from the date of commencement of commercial production. For medium industries, 75% of net VAT/CST/SGST will be reimbursed for a period of 7 years from the date of commencement of commercial production or up to realization of 100% fixed capital investment, whichever is earlier. For sector specific industries like apparel, food processing, biotech, automobile VAT/CST/SGST concession may vary.

OUR SERVICES:

We provide you with the following services :-

• Paperwork and documentation
• Follow up and Licensing
• Issuance of eligibility certificate

WHY CHOOSE INTERLINK CAPITAL:

We at Interlink Capital believe in providing excellence to help our clients to achieve their business goals and provide them quality services in the various fields. We have a team of 100 experts who are expertise in their fields and can tackle any query quickly. Our Turn Around Time (TAT) is just 15days. Our clients include more than 500 export houses.