Registration & Stamp Duty
The Electronics Industry shall be eligible for 100% reimbursement of Stamp Duty, Transfer Duty and Registration Fee paid on sale / lease deeds on the first transaction and 50% thereof on the second transaction
- 50% to micro, 40% to small & 25% to medium & 10% to large-scale industry limited to ` 50 lakhs Power Subsidy on power bills for a period of 5 years from the date of commencement of commercial operations.
- Exemption of Electricity Duty: New Electronic Hardware units, after coming into commercial operations will be entitled for 100% exemption on Electricity duty for a period of 5 years.
Patent Filing Cost
The cost of filing patents will be reimbursed to the companies having their headquarters in Andhra Pradesh, subject to a limit of 5 Lakh (0.5 Million) per domestic patent awarded and 10 Lakh (1 Million) per international patent awarded.
50% subsidy on the expenses incurred for quality certification limited to 4 Lakh (0.4 Million) (Conformity European (CE), China Compulsory Certificate (CCC), UL Certification, ISO, CMM Certification, SA, RU etc.)
Cleaner / Greener Production Measures
25% subsidy on cleaner / greener production measures limited to 10 Lakh (1 Million).
VAT / CST Reimbursement
100% Tax reimbursement of VAT / CST, for units started after the date of issue of this Policy, for a period of 5 years from the date of commencement of production for products manufactured in AP and sold in AP.
Skill Up gradation & Training
50% reimbursement / grant of cost involved in skill upgradation and training local manpower limited to 2,000 per person.
20% Investment Subsidy limited to Rs.20 lakhs (2 Million) for MSME and additional 5% investment subsidy for Women/SC/ST Entrepreneurs.
3% Interest Rebate limited to Rs.5 lakhs (0.5 Million) per year for 5 years
10% subsidy on new capital equipment for technology upgradation limited to Rs.25 lakhs (2.5 Million) as one time availment by the eligible company.
Rebate on Land Cost
25% rebate on land cost limited to 10 Lakh (1 Million) per acre in Industrial Estates, Industrial Parks, SEZs, EMCs