Incentive Scheme for MSMEs in Powerloom Sector: Waiver of Electricity Duty
“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.
- Ministry / Department
- Micro, Small & Medium Enterprises and Textiles Department
- Level
- State
- Benefit type
- cash
Incentive Scheme for MSMEs in Powerloom Sector: Waiver of Electricity Duty क्या है?
“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.
- लाभ
- > **Micro & Small Enterprise****:** **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.
- स्तर
- State — West Bengal
- मंत्रालय / विभाग
- Micro, Small & Medium Enterprises and Textiles Department
- लाभ का प्रकार
- cash
- मुख्य पात्रता
- - 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 inst
- अंतिम सत्यापन
- Recently
Benefits
> **Micro & Small Enterprise****:** **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.
Eligibility
Documents Required
How to Apply
Step 1: Offline application — step 1
A micro, small or medium enterprise in Powerloom segment shall duly apply in prescribed form to the Directorate of Electricity Duty in FORM-C with all the relevant documents. Time frame for submission of first Application: 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, [email protected]
Sources & References
- Official scheme website ↗
- Source record ↗
- Information is summarised from official government sources. Verify all details on the official website before applying.
Ready to apply?
Applications are accepted only on the official government portal.
Open Official Website