Remission of Stamp
Duty and Registration Fee
State
Capital Investment Subsidy:
An eligible IT unit shall submit an application to the Managing
Director, WBIDC Ltd. / WBEIDC Ltd. in the Form No –
II as appended hereto for the purpose.
The Corporation, if on scrutiny of the documents is satisfied,
will work out the admissibility of the Capital Investment
Subsidy and will as early as possible inform the applicant
of the quantum of admissibility of such subsidy and the mode
of disbursement thereof, by the Corporation.
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Interest
Subsidy:
An eligible IT unit may apply to the Managing Director, WBIDC
Ltd. / WBEIDC Ltd. for interest Subsidy on the interest liability
on account of the loan secured by the unit from Bank(s) /
Financial Institution(s) / NBFC approved by the Reserve Bank
of India in the Form No – III annexed hereto. Immediately
on receipt of the application the Corporation will correspond
with the concerned Bank(s) / Financial Institution(s) / NBFC
and obtain a certificate in the format at Annexure-A to Form
No – III regarding payment of interest against the loan
secured for implementation of the approved project and the
Corporation, if satisfied about the payment of interest to
the Bank(s) / Financial Institution(s) / NBFC according to
the norms of the scheme will sanction interest subsidy in
favour of the applicant unit to be credited to its account
maintained in the concerned Bank(s) / Financial Institution(s)
/ NBFC under an intimation to the unit.
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Waiver
of Electricity Duty:
An eligible IT unit may apply to the Directorate of Electricity
for waiver for electricity duty in Form No. – IV annexed
hereto with a copy to the Director of Industries, West Bengal.
The Director of Industries after receipt of copy of application
from the IT unit will cause an enquiry and ascertain the actual
date of commencement of commercial production to the IT unit
and communicate the date of commencement of commercial production
of the project, for which the benefit is claimed, to the Directorate
of Electricity, following the required norms, with a copy
to the applicant unit.
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Employment
Generation Subsidy:
An eligible IT unit may apply to the WBIDC Ltd. / WBEIDC
Ltd. in the Form
No – V annexed hereto, for reimbursement of admissible
subsidy on account of expenditure incurred for contribution
towards Employees States Insurance and / or Employees Provident
Fund with a certificate issued by the respective authorities
regarding contribution made by them in the manner as per Annexure-A
to Form No – V. The Corporation on scrutiny of papers
will sanction and disburse the subsidy as admissible to the
unit.
Remission
of Stamp Duty and Registration Fee:
An eligible IT unit may apply to the Director of Industries
for remission of Stamp Duty and Registration Fee as may admissible
according to provision of the scheme in the Form No –
VI annexed hereto.