INCENTIVES SCHEMES OF WBIDC

I. Subsidy Granted to Small & Medium Enterprises:

Sl. No. Particulars OPPL

1 FCI (Rs in Crs.) 9.20

Scale under WBSSIS 2008* Scale-I
Area Group-B
Incentive as % of FCI 12% of FCI or 3.5 Crs
whichever is higher
2 Interest Subsidy 25% of annual Interest
borrowed from FI or Rs 1.5 Crs
per year whichever is higher.
No. of Years 5 year
3 Electricity Waiver of electricity Duty on
the Electricity consumed for the
commercial production for a
period of 5 years.
4 Generation of employment
5 IPA No Subsidy to Scale 1
industries.

Notes:
1. Scale of Investments:

Category of Industries Fixed Capital Investment

Scale I Above RS. 5 Cr. And up to Rs. 50 Cr.
Scale II Above RS. 50 Cr. And up to Rs. 500 Cr.
Scale III Above RS. 500 Cr. And up to Rs. 1000 Cr.
Scale IV Above RS. 1000 Cr. And up to Rs. 5000 Cr.
"Fixed Capital Investment" (FCI) means investment made in plant and machinery, pollution control
equipment for the project by the unit made after the date of obtaining the Registration Certificate
in Part-I. While making calculation of "FCI", investment made only on Plant & Machinery, as
indicated below shall qualify:
i. Cost of plant & machinery/equipment/Pollution control equipment including the cost of jigs,
dies, moulds, etc required directly for the purpose of manufacturing
ii. Second hand plant & machinery/equipment/Pollution control equipment, required directly
for manufacturing, imported from outside India by the unit itself and not previously used in
any State in India

iii. Cost of plant & machinery as said above includes cost of erection/installation of plant &
machinery, electrical accessories, cost of generator set inside the plant.
iv. Cost of plant & machinery as said above does not include:
 Second hand plant & machinery/equipment/Pollution control equipment purchase
from any place in India
 Cost of Land and Site Development

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 INCENTIVES SCHEMES OF WBIDC

 Approach Roads
 Building,
 Water supply, sanitation, drainage and sewerage.
 Railway Siding
 Consultancy Fees
 Infrastructure Cost for drawing power connection upto plant from the feeder of any
electricity distribution company.
 Any item other then that not specifically indicated in the scheme.

2. Classification of Area

Group A -Kolkata Municipal Corporation, Bidhannagar Municipality and Nabadiganta Industrial

A Township.
Group North 24 Parganas, South 24 Parganas, Howrah, Hooghly, Burdwan, Nadia and Purba
B Medinipur districts.
Group Murshidabad, Birbhum, Purulia, Bankura, Malda, Coochbehar, Uttar Dinajpur, Dakshin
C Dinajpur, Jalpaiguri, Darjeeling and Paschim Medinipur districts.

3. Industrial Promotion Incentive(IPA) will not be granted to QVC Steel & OPPL
because they fall under Scale 1, where as IPA is allowable only under Scale 2, 3 and
4
4. Additional Incentive is also not allowable as they are allowable for other industries
in which it does not belong.

II. APPLY FOR INCENTIVES

Activities Whom to When to apply Form Documents Required
apply
State Capital M.D. WBIDC After II Techno Feasibility report,
Investment commencemen Loan Sanction Letter,
subsidy t of consent to operate from
commercial WBPCB, Certificate from
production Chartered Accountant per
Annexure A to Form II,
Certificate re: fixed assets
per Annexure B to Form II
Interest M.D. WBIDC After III Certificate from Bank/FI in
Subsidy commencemen Annexure A to Form III re:
t of payment of interest to be
commercial obtained by WBIDC
production
Waiver of Directorate of After IV )Registration certificate by
Electricity Electricity commencemen DoI
Duty t of commercial (2) Eligibility Certificate by
production WBIDC
(3) Documents re: supply of
electricity to unit
(4) Last Electricity Bill

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 INCENTIVES SCHEMES OF WBIDC

(5) Commencement of
commercial production
certificate
Employment M.D. WBIDC After V  Documents re: contribution
Generation commencemen to ESI/EPF
Subsidy t of (2) Details of workers
commercial (3) Certificate from
production RPFC/Director, ESI per
Annexure A to Form V re:
contributions
Refund of M.D. WBIDC After VI Schedule of Lands, Map of
Stamp Duty commencemen Land/Building purchased,
& t of Evidence of payment of
Registration commercial Stamp duty & Registration
Fee production Fees

Incentives under TUF Scheme:

 5% interest Subsidy will be granted till the loan is being repaid.
 Additional 10% capital subsidy will be granted on the machineries which qualifies
under the TUF scheme.