Waiver of Electricity Duty incentives under the Incentive Scheme for MSMEs in Powerloom Sector scheme implemented by the Dept. of MSME & T, Government of West Bengal, aims to provide reimbursement of electricity duty on the electricity consumed for the manufacturing activity.
₹10.0 L · annual
Zone A & B: 50% subject to a maximum of ₹10,00,000/- per year on the electricity consumption for 5 years.
Zone C, D & E: 75% subject to a maximum of ₹10,00,000/- per year on the electricity consumption for 5 years.
Medium Enterprise:Zone B & C: 100% subject to a maximum of ₹25,00,000/- per year on the electricity consumption for 5 years.
Zone D & E: 100% on the electricity consumption for 5 years and 75% waiver from the 6th year up to 10th year from the date of commencement of commercial production subject to a maximum of ₹50,00,000/- per year.
The Scheme shall be generally applicable to all micro, small, and medium enterprises (MSMEs) in the powerloom sector.
Enterprises must have started production from 01.01.2022 to 31.12.2024.
Enterprises should have executed a Four-party agreement with the Directorate of Textiles, Financial institution and Tantuja.
The units should be a private sector, cooperative sector and joint sector undertaking as also companies/ undertakings owned and managed by the State Government and the Industrial SHGs.
The project should be covered by a detailed feasibility report/project prepared for the purpose.
The project should have been approved and sanctioned by a Central Financial Institution or Commercial Banks or State Financial Institutions.
✦ Required ◦ Optional
Within 12 months from the date of commencement of commercial production (01.01.2022 to 31.12.2024).
Address:DIRECTOR OF ELECTRICITY DUTY, DIRECTORATE OF COMMERCIAL TAXES,
Annex Building - III, 6th & 7th Floor
Commercial Tax Building Complex,14,Beliaghata Road, Kolkata-700015.
Phone: 033-22510106
Help Desk: 033 2251 0190, dedwbhelpdesk@gmail.com
