SPOTLIGHT ON INDIAN ELECTRONICS Spotlight on Indian Electronics | Page 102

STATE POLICY - GUJARAT
3 . Micro , Small and Medium Enterprises ( MSMEs ) in
Special Incentive Package Scheme ( MSIPS ) to
ESDM shall be construed as per the definition in the
offset disability and attract investments in
MSME Act , 2006 of the Government of India as
Electronics Systems Design and Manufacturing
amended from time to time .
( ESDM ) Industries .
4 . Gujarat-based ESDM Unit means a Unit having its
1.2 . Notification dated 22nd Oct 2012 on the
manufacturing facility in Gujarat .
Electronics Manufacturing Clusters ( EMC ) scheme
5 . New Unit means a unit which commences commercial
to provide world class infrastructure for attracting
production / service during the operative period of this
investments in the ESDM sector .
Policy and has obtained an acknowledgement for filing
1.3 . Notification dated 31st Oct 2013 on the Scheme
Entrepreneur ’ s Memorandum ( EM ) with the concerned
for financial assistance for Skill Development in
District Industries Center ( DIC ) or Industrial
ESDM sector .
Entrepreneur ’ s Memorandum ( IEM ) with Government of
1.4 . Notification dated 04th Mar 2014 on the Scheme
India .
for supporting MSMEs in the Electronics Sector
6 . Existing Unit means a unit which is in
1.5 . A scheme to enhance the number of PhDs in the
production / service at the time of implementing
ESDM and IT / ITeS Sectors ( The PhD Scheme )
expansion / diversification .
dated 04th Mar 2014 .
7 . Expansion / Diversification : An expansion and / or
2 . State Government incentives for clusters and anchor
diversification contemplated with or without forward /
units : In addition to the benefits under the aforesaid
backward integration , with an investment of more than
schemes of Central Government , the State Government
50 % of its existing gross fixed capital investment on the
will offer
date of initiating expansion / diversification and commencing production of said expansion / diversification during the operative period of the policy , shall be termed as Expansion .
2.1 . Assistance of up to 25 % of the Project cost ( as defined under Guidelines for EMC Scheme dated
15th Apr 2013 ) to Greenfield EMCs , subject to a ceiling of Rs . 10 Crores .
8 . Eligible Units : New units will be eligible for availing of incentives under this Policy . Existing units carrying out expansion / diversification during the operative period of this Policy will be eligible for one-time incentives .
9 . Gross Fixed Capital Investment : Gross Fixed Capital
Investment means the investment made in required building , plant and machinery and other related fixed assets required to manufacture end products or services by eligible unit within one year ( two years in case of Mega ESDM Project ) from the date of production or during the operative period of this Policy whichever is earlier .
2.2 . Special Incentive Package for two Anchor Units
( with investments more than Rs . 100 crores ) in each of the Greenfield EMCs .
3 . Registration / Stamp Duty Concession : ESDM units which intend to establish / expand / diversify will qualify for
100 % exemption in stamp duty and registration fee in lease / sale / transfer of land for the first transaction .
4 . Uninterrupted Availability of Power & Power Tariff Subsidy to
ESDM Units : With a view to sustaining the industry ,
Government will allow uninterrupted power supply and sanction subsidy in power tariff as under :
VI . Incentives :
4.1 . If required , dedicated additional feeders would be provided both to the Greenfield as well as
Brownfield EMCs .
1 . The State Government will play a proactive role for extending support to eligible units / clusters , students and Institutions to avail benefits under the following Notifications of Government of India as amended or revised from time to time :
1.1 . Notification dated 27th Jul 2012 on Modified
4.2 . Power Tariff Subsidy @ Re . one per unit in the billed amount of the utility for the units will be available for the period of 5 years as promotional incentive to eligible units .
4.3 . The units purchasing electricity only from the state electricity / power distribution licensee will be eligible for this subsidy . The units either generating power from its captive power plant or getting electricity through open access will not be eligible for the subsidy
4.4 . The units setting up captive power plant will be given assured supply of lignite under an agreement with Gujarat Mineral Development Corporation ( GMDC ) for a period of five years
5 . The eligible units will be provided 100 % exemption on Electricity Duty for a period of five years from the date of commencement of their production . However , existing units will be entitled for Electricity Duty exemption only for additional power .
6 . VAT / CST Incentive : 6.1 . The eligible units will be provided reimbursement of
Spotlight on Indian Electronics 2016 | 102