"Subsidy for Orthodox & Speciality Tea Unit for Plant & Machinery" under the "Assam Tea Industries Special Incentives Scheme"
The scheme aims to ensure long-term financial sustainability of the Tea industry and to incentivize manufacturers to move from Crush, Tear, Curl tea to Orthodox tea production. The scheme is implemented by the Finance Department and the Industries & Commerce Department, Government of Assam.
About This Scheme
Benefits
Benefit Amount: 25% of the cost of Plant & Machinery.
₹30.0 L
Maximum Amount: ₹30,00,000/- or 25% of actual cost, whichever is less.
Validity Period: Units starting production on or after 01-04-2020 and before 31-03-2028.
Claim Period: Within 12 months of the start of commercial manufacturing activities.
Disbursement Mode: Direct Benefit Transfer as reimbursement.
Post-Selection Condition: Manufacturing unit shall not sell the machinery before expiry of at least 5 years from start of manufacturing.
Eligibility
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Required Documents
- ✦Plant & Machinery Purchase Invoice.
- ✦Summary of Expenditure incurred on Plant & Machinery.
- ✦Commercial Manufacturing Start Date Certificate.
- ✦Machinery Installation Certificate.
- ✦Undertaking regarding non-claiming of similar subsidy under other schemes.
- ✦New Machinery Purchase Certificate.
✦ Required ◦ Optional
How to Apply
Quick Info
- Level
- Central Government
- Max benefit
- ₹30.0 L