Scheme Name: SEZ Policy

State: Chandigarh

Description of the Scheme: Promote industry in general, including Knowledge Industry comprising IT, IT Enabled Service and Business Process Outsourcing (BPO) companies to generate employment, increase exports and boost economy. Promote setting up of Special Economic Zones (SEZs) which would be Industrial/IT Habitats wherein investing companies would receive single window clearance and able to avail of the benefits as per SEZ Policy of Government of India.

Target group :

Sector of the Scheme:

Eligibility Criteria: SEZs and units within SEZs and also developers of such SEZs will be exempted from following local taxes:
1. GST
2. Purchase Tax
3. Property Tax
4. Stamp Duty
5. Electricity Duty
100% exemption from Income Tax for first 5 years, 50% for next 5 years and 50% of ploughed back export profit for next 5 years.
In respect of all transactions made between units/ establishments within the SEZs and in respect of supply of goods and services to units/establishments. If such direct exemption in respect of transactions is not possible due to legal constraints, above mentioned local taxes would be reimbursed by administration to such eligible units.

Nature & Mode of Assistance:

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

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

How to apply:

Whom to Contact: Headquarters of the Department of Information Technology Department of Information Technology
5th Floor, Additional Deluxe Building, Sector 9-D, Chandigarh - 160 009
Tel : +91 172 2740641
Fax : +91 172 2740005