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Steel Tubes, Tubulars and Other Wrought Steel Fittings, Steel Tubes for Structural Purposes and Steel Tubes Used for Water Wells

Heavy Duty Electric Cables, Cross-linked Polyethylene Insulated Sheathed Cables, Aerial Bunched Cables, Elastomer Insulated Cables, Thermocouple Compensating Cables, Welding Cables, Elastomer Insulated Flexible Cables for use in mines, Flexible Cables for Miner's Cap Lamps, Shot Firing Cables and Halogen Free Flame Retardant (HFFR) Cables.

Rubber Hose for Liquefied Petroleum Gas (LPG)- IS 9573:2017 (Part I Industrial Application) and IS 9573:2017 (Part II Domestic and Commercial Application)

Phthalic Anhydride

Certain transportation vehicles

(A) Incentives are provided to following categories of manufacturing units:

(i) MSME Units: As defined by Government of India, from time to time
(ii) Large units (units in which investment on Plant & Machinery is less than Rupees 5000 Million except MSMEs.
(iii) Mega Units (units in which investment on Plant & Machinery is of at least Rupees 5000 Million or direct employment generation of 2,000. Further, for sector such as textiles, food processing, biotech etc, definition of mega units will be different.

(B) Fiscal Incentives are given in form of power subsidy and procurement cost of land and Plant & Machinery for Swachh Andhra (clean Andhra) scheme.

(C) Fiscal incentives for Large & MSME units:

(i) Reimbursement of 100% of stamp duty for purchase of land for industrial use or lease/mortgage/hypothecation of land.
(ii) For large industrial units, 50% of Net VAT/CST or State GST will be reimbursed for a period of 7 years from the date of commercial production or up to realization of 100% fixed capital investment, whichever is earlier. For MSME units, 100% of Net VAT/CST or State GST will be reimbursed for a period of 5 years from the date of commercial production. For medium industries, 75% of Net VAT/CST or State GST will be reimbursed for a period of 7 years from the date of commercial production or up to the realization of 100% fixed capital investment, whichever is earlier.
(iii) For sector specific MSME units like apparel, food processing, biotech, automobile VAT/CST/SGST concession may vary.

(D) Fiscal incentive for Mega Projects: The Government extends tailor-made benefits to mega projects to suit particular investment requirement on case to case basis based on the gestation period, pioneering nature, locational aspects, technology, project's importance to the state's industrial growth and its ability to generate large scale employment for people or revenues for the state.

Tax Benefits:

(i) 80% reimbursement against the admitted VAT.
(ii) 100% reimbursement of electricity duty.
(iii) Non- priority sectors: Up to 70% of the approved project cost.
(iv) Priority sectors: Up to 100% of the approved project cost.
(v) For all new micro and small units and units engaged in generation of solar and/or renewable energy for commercial purpose, limit will be enhanced by 30%.

Subsidy on capital equipment for cleaner production measures, measures to conserve/recycle water, and for improving energy efficiency

i) Investment Promotion Assistance (Capital Subsidy) – Maximum up to Rupees 4 Million.
ii) Interest Subsidy – Maximum up to Rupees 0.8 Million per year per unit.
iii) Reimbursement of VAT-100% for the first 5 years and maximum of 90% thereafter.
iv) Concession on Stamp Duty - maximum up to 100%.
v) Reimbursement of Electricity Bills – up to 100% for first 5 years and up to maximum of 75% thereafter.
vi) Special State Transport Subsidy- up to maximum of 7% of Annual Turnover or Actual Expenditure (whichever is less) on transport of raw material/ finished products, whichever is less.

Poor fishermen