Scheme Name: Conversion Tax

State: Rajasthan

Description of the Scheme: Conversion charges payable to Government for change in land use and include any part of such charges payable to localbodies.

Target group :

Sector of the Scheme:

Eligibility Criteria: Eligible manufacturing enterpriseother than enterprises engaged in manufacturing of cattle feed/poultry feed/fish feed shall be granted exemption from payment of 50% of conversion charges.
Service enterprises shall be granted exemption from payment of 50% of conversion charges.
In Tourism sector shall be granted following benefits 50% additional exemption from payment of conversion charges.

Nature & Mode of Assistance:

"Financial Information (Subsidy, low interest rate, etc.)":

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":

How to apply: Enterprise making investment for setting up of a new enterprise or for expansion or for revival of sick industrial enterprise, shall submit application for availing exemption, along with a project report duly certified by a Chartered Accountant to the Member Secretary of the appropriate
Screening Committee.
In case of revival of sick industrial enterprise, the enterprise shall also submit an undertaking that it shall provide employment to the extent of 50% in the first two years, of themaximumlevelofemploymentattainedinthepreceding 3 years from the date of its declaration as a sick industrial enterprise, followed by 100% employment within five years.
Apply online: http://rips.rajasthan.gov.in/site/subsidy?title=Conversion-Tax

Whom to Contact: