The total industrial investment promotion available is up to 150 percent of the fixed capital investment (FCI).
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Chhattisgarh Investment Promotion for Large Information Technology (IT) Enterprises (2024-30)
Secure Up to 150% Fixed Capital Investment Incentive with Unique Group's Specialized IT Consulting
Is your large enterprise planning a new project, expansion, or diversification in the Information Technology (IT) Sector in Chhattisgarh? The state's Industrial Development Policy 2024-30 offers the exceptional (C-6) Industrial Investment Promotion Package, providing critical financial support up to 150% of your Fixed Capital Investment (FCI).
Unique Group, with 15 years of focused consulting expertise, specializes in translating this policy into maximum realized benefits. We ensure your IT enterprise maximizes specialized R&D subsidies, patent reimbursements, and long-term tax exemptions, securing your growth advantage in the Indian IT landscape
The Package is strategically designed to attract significant investment into the Information Technology sector, providing a competitive edge through generous incentives. This scheme applies to both new enterprises and the expansion or diversification of existing units.
The total industrial investment promotion available can reach an impressive 150 percent of the amount invested under the fixed capital investment heads.
Key Subsidies and Incentive Components
The Package offers a highly attractive structure of financial support tailored to boost R&D, capital deployment, and employment in the IT sector.
1. Net SGST Reimbursement OR Fixed Capital Investment Subsidy (Choose One)
An investor must select only one of these two core benefits; the choice is irrevocable.
|
Core Incentive Component |
Details of Benefit |
Maximum Limit & Duration |
|
Option A: Net State Goods and Services Tax (Net SGST) Reimbursement |
Reimbursement of the Net SGST paid. |
Up to 100% of the maximum fixed capital investment, for a period of up to 12 years from commercial production. |
|
Option B: Fixed Capital Investment Subsidy |
Capital subsidy for new or expanding IT enterprises. |
Paid in equal annual installments over 6 years. |
Fixed Capital Investment Subsidy Details (Investment in Plant and Machinery):
|
Capital Investment in P&M (₹ in Crores) |
Percentage of Subsidy |
Maximum Subsidy Amount (₹ in Crores) |
|
More than 50 but less than 200 |
35% |
60 |
|
More than 200 but less than 500 |
35% |
150 |
|
More than 500 |
35% |
300 |
2. R&D and Technology-Specific Incentives
|
Specialized Incentive Category |
Details of Benefit |
Limits & Conditions |
|
R&D Equipment/Plants Subsidy |
20% subsidy on expenses for new R&D equipment and plants/machinery established for Information Technology (IT). |
Maximum of ₹3 Crore. |
|
R&D Land/Building Stamp Duty |
Complete Exemption on stamp duty for purchase/lease of land and buildings acquired for Research and Development. |
N/A |
|
Patent Registration Reimbursement |
100% reimbursement of expenses upon obtaining the patent certificate, subject to registration under the concerned Ministry of the Government of India. |
N/A |
|
Export Certification Reimbursement |
Up to 50% reimbursement of application fee for international certification/approval for export. |
Max ₹15 lakh per product (up to 10 products). Requires proof of commercial export of at least ₹50 crore per product. |
3. General Financial, Tax, & Employment Incentives
|
Incentive Category |
Details of Benefit |
Limits & Duration |
|
Interest Subsidy |
Lower of 50% of the interest paid or interest calculated at 6%. |
Annual limit of ₹20 Crore, provided for 5 years on term loans for plant and machinery. |
|
Electricity Duty Exemption |
Exemption on electricity duty for new enterprises. |
Up to 12 years from commercial production. |
|
New Electricity Connection Charges |
50% reimbursement of charges for new electricity connections (excluding security deposit) for eligible new enterprises |
|
|
Stamp Duty Exemption (General) |
Full exemption on deeds for purchase/lease of land, sheds, and buildings. |
N/A |
|
Registration Fee Reimbursement |
50% reimbursement of the registration fee payable on the land. |
N/A |
|
Land Use Conversion Fee Exemption |
50% exemption on land use conversion fees (diversion fees). |
Up to a maximum of 50 acres of land. |
|
Employment Generation Subsidy |
20% reimbursement of salary for permanent Chhattisgarh domicile employees (salary < ₹50k/month). |
For enterprises providing more than 50 permanent jobs. Up to 5 years from employment date. |
|
Training Stipend Reimbursement |
Lower of one month's salary or up to ₹15,000 per person. |
For 5 years or up to 100% of FCI (whichever is reached first). |
|
EPF Reimbursement |
75% reimbursement of the EPF contribution for employees who are domicile of Chhattisgarh. |
For a period of 5 years from the date of production, maximum eligibility of 2% of the approved fixed capital investment |
|
Rental Subsidy |
40% of rental paid |
For 5 years upto 20,000 Sft. With mac Rs. 50,000 per month |
|
Special Investment Promotion (Ultra-Large) |
Proposals for additional incentives may be considered by the Cabinet Sub-Committee. |
For units investing ₹500 Crore or more or providing employment to 1,000 or more individuals. |
Why Choose Unique Group for Industrial Subsidy Consulting?
Securing the benefits under the Chhattisgarh C-6 Package requires maximizing both the 150% investment promotion cap and the high-value technology-specific grants.
- 15 Years of Technology Sector Authority: We specialize in translating complex IT sector requirements into successful claims, particularly for the 50% R&D Equipment Subsidy (Max ₹3 Cr) and the 100% Patent Reimbursement.
- Maximizing High-Cap SGST/Capital Benefits: We strategically guide the choice between Net SGST Reimbursement (100% of FCI over 12 years) and the Fixed Capital Subsidy to ensure your project receives the maximum financial return permitted under the 150% cap.
- Compliance for Global Trade: We meticulously handle the stringent documentation for Export Certification Reimbursement, ensuring compliance with the ₹50 Cr commercial export proof needed for claiming.
- Geo-Targeting for Tech Hubs: Our nationwide expertise covers strategic IT and technology zones, providing specialized service for clients in Chhattisgarh, Hyderabad, Bengaluru, and Gurgaon, ensuring maximized benefits across all operating regions.
Frequently Asked Questions (FAQs)
-
What is the maximum investment incentive limit for a Large IT Enterprise under the C-6 Package?
-
Is there a subsidy for purchasing R&D equipment for IT enterprises?
Yes. The policy provides a 50% subsidy on expenses for new R&D equipment, plants, and machinery established for Information Technology, with a maximum limit of ₹3 Crore.
-
What are the eligibility criteria for the special investment promotion for ultra-large IT projects?
Proposals for additional incentives may be considered by the Cabinet Sub-Committee for IT enterprises that invest ₹500 Crore or more in fixed capital investment or provide employment to 1,000 or more individuals.
-
How long is the Electricity Duty Exemption for new IT enterprises?
New enterprises in the IT sector are eligible for Electricity Duty Exemption for a duration of up to 12 years from the date of commencement of commercial production.