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.
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
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.
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
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:
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
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.
We provide you with the following services :-
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.