Scheme for Financial Assistance to Logistics Park
Date of Eligibility: - Dated 01.09.2020
Minimum Criteria: - 1. Minimum 20 hectares (Approx 80 Bigha) for Cargo Aggregation/
Segregation, distributions, inter model transfer of material and
containers, Open and closed storage, Custom Bonded Ware house.
| Sr No. | Particulars | Details |
| 1 | Eligible Fixed Capital Investment related to industrials Park | New Building, Other Construction like Boundary Wall, Security Related facility, Internal road, Power distributions Line, Communication Facility, Sewage and Drainage Facility, Water Distribution Line, Common Parking, |
| 2 | Ineligible Expenditure | Land Cost, Land Development Cost, Goodwill Fees, Commissions Fees, Royalty, Preliminary & Pre-operative Expenses, Interest Capitalized, Transportation, Equipment / Vehicles, Technical Fees, / Consultant Fees, Working Capital, |
| 3 | Quantum of Assistant | 25% of Eligible Fixed Capital Investment Max Rs. 15 cr for General Taluka Area Total Eligible 60% of State and Central Government subsidy cost 100% of Stamp Duty |
| 4 | Conditions | Project Should be complete within 3 years of Sanction Letter |
Subsidy benefits mention here are brief note. For more details please refer GOG
Policy
Government of Gujarat's Industrial Policy 2020 Scheme for Assistance to Industrial Park
1.Government of Gujarat's Industrial Policy 2020 Scheme for Assistance to Industrial Park
- A) GR No. GID-102020-324968-G Dated 01.09.2020
- B) Policy Period From 07.08.2020 to dated 06.08.2025
C) Quantum of Assistance :-
- i) Financial Assistance @25% of eligible Fixed Capital Investment maximum up to Rs. 30 Crores for General Area
- ii) Financial Assistance @5o% of eligible Fixed Capital Investment maximum up to Rs. 30 Crores for Vanbandhu Takula Area
- iii) In Addition Financial Assistance @25% of the cost of Hostel / Dormitory Housing for Domestic Worker Maximum Rs 20 Cr
- iv) 100% Stamp duty free paid on purchase of Land
D) Eligible Institute :- Any Industrial Association / Any enterprise registered under the Society act, Partnership Act, Trust Act, Companies Act, or SPV Constituted
E) Definition :-
- i) At least minimum area 20 hectares for establishment of Minimum 10 industrial Units and minimum 2 units for each additional area of 5 hectares
- ii) At least minimum area 5 hectares for establishment of Minimum 5 industrial Units and minimum 1 units for each additional area of 1 hectares
F) Eligible Fixed Capital Investments
- New Building, Other constructions include facility like boundary wall, Internal Road, Substations to draw power, Power distribution line, communication facilities, water distribution line and water augmentation facilities, Sewage and drainage facilities, common parking.
- For Hostel / Dormitory :- Cost of construction for Hostel / Dormitory in and around Industrial park also covered canteen, Playground, labour welfare center, child care, RO Plant, underground facility.
G)Ineligible Expenditure :-Purchase cost of land and land development, goodwill fees,
Commission Fees, Royalty, Preliminary & Pre Operative expenses, interest capitalized,transportation equipment's/
vehicles, technical fees / consultant fees, Working capital.
Note :- for more details please refer to respective GR
2.Government of Gujarat's Industrial Policy 2020 Scheme for Assistance Infrastructure
- A) GR No. GID-102020-325953-G Dated 01.09.2020
- B) Policy Period From 07.08.2020 to dated 06.08.2025
C) Quantum of Assistance :-
- i) Financial Assistance @80% of eligible Fixed Capital Investment maximum up to Rs. 25 Crores for General Area
D)Eligible Institute :- Any Industrial Association/ Chambers of commerce and Industries or SPV of Industries are registered under the Society act, Partnership Act, Trust Act, Companies Act, or any large Project / Group of Industries are eligible
E) Eligible Activity :- Common Infrastructure, Approach Road, Over Bridge, By pass Road, Earth Station, Water / GAS / Electricity distribution network, Common warehouse facility, Common Facility Center, Product Development Center, Training Center, Exhibition Center, Fire Station, Water Desalination Plant, Transport Nagar, Network facility, PHC, Emergency Center, Trauma Center, Sewage and drainage Network, Dormitory housing for worker.
J) Eligible Fixed Capital Investments
New Building, Other constructions include facility like boundary wall, Internal Road, Substations to draw power, Power distribution line, communication facilities, water distribution line and water augmentation facilities, Sewage and drainage facilities, common parking.
For Hostel / Dormitory :- Cost of construction for Hostel / Dormitory in and around
Industrial park also covered canteen, Playground, labour welfare center, child care, RO
Plant, underground facility.
K) Ineligible Expenditure :- Purchase cost of land and land development, goodwill fees,
Commission Fees, Royalty, Preliminary & Pre Operative expenses, interest capitalized,
transportation equipment's/vehicles, technical fees / consultant fees, Working capital.
Note :- for more details please refer to respective GR
