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No. PIU/IBDP-2017/Amendments/2018/

State Notification of Punjab · 201710,856 characters of text

The enactment

TypeNotification
Year2017
JurisdictionState of Punjab
StatusIn force as published by the source
TextPublished as one document, as the source published it

Full text

The source publishes this enactment as a single document rather than provision by provision, so the whole text is below and there are no per-section pages for it. Nothing has been shortened.

Government of Punjab Department of Industries and Commerce (Policy Implementation Unit} Notification No. PIU/IBDP-2017/Amendments/2018/ 297 9 Dated: 67 [o® / 8 The Governor of Punjab is pleased to make following amendments in ‘Industrial & Business Development Policy-2017 notified vide No.CC/AddlDir/industrial & Business Development/2017/1369 dated 17/10/2017:- hn.

After the clause 5.5, a New Clause is added as under: - “5.6. Stand by Support to Captive Generators/ Users The State will in consultation with Stakeholders endeavor towards an equitable policy to provide Stand by support to Captive Generators/ Users based on similar policies in other States.

In clause 6.14 the word “MSME” is substituted with “MSE”.

The clause 6.14.1 is substituted as under:-

6.14.1. MSE Facilitation Council has been set up under the Micro, Small and Medium Enterprises Development {MSMED) Act 2006. It functions as a State-Level Council and MSEs have to visit Chandigarh to seek Council's remedial measures for the recovery of delayed payments from buyers located anywhere in India.

In Clause 6.14.2 the words appearing as “Ludhiana, Jalandhar, Amritsar, SAS Nagar and Patiala” shall be substituted with words as “Ludhiana, Jalandhar, Amritsar, SAS Nagar, Patiala, Bathinda and Sangrur”.

In clause 10.5, S.No 4 of the table is substituted as under:- S.N | Category Definition 4 | Service Enterprises | (i). IT and ITES under MSME or Large (ii) category eligible for Fiscal Incentives {iii). Skill Development Centres, Incubation Centres, Accelerators Life Sciences

(iv). Healthcare

(v). Tourism & Hospitality

(vi). Media and Entertainment {vii}. Logistics including Bulk Courier Service

(viii), Maintenance, Repair and overhaul {MRO) in the Aviation & Defence Sector VIL.

Xl, Xn.

(ix). Industrial R&D labs, Industrial Testing Labs {x}. Engineering and Design Services, {xi}. Equipment Rental and Leasing {construction and industry related)

(xii). Equipment Maintenance and Repair {xiii}. Environment services (Sewage/ refuse disposal)

(xiv). Printing presses offset printing press, Flexi/Vinyl Printing, Flexo printing {xv]. Readymade Garment units with investment more than 10 lakh on Machinery & Equipment

(xvi). Auto servicing and for repairing units with investment more than 10 lakh on Machinery & Equipment

(xvii). Packaging activity with investment more than 10 lakh on Machinery & Equipment

(xviii). Any other service enterprises notified by the State Government for inclusion in the list from time to time.

In clause 10.6, under heading Manufacturing industry, the words under Sr No ii) are substituted as “Textiles including Apparel and Made-ups, Technical Textiles” In clause 10.6, under heading Manufacturing Industry, the words under S.no (iti) are substituted as “Agri & Food Processing Industries”.

In clause 10.6, under the heading Manufacturing Industry, after the words “Biotechnology, Pharmaceutical” the following is added: - “{viii), Processing of Agro waste (Biomass) into Energy, Bio-Energy, manure or any other usable Form

(ix) Bicycle and Bicycle components/parts

(x) Alloy Steel”, In clause 10.6,under the heading Service Industry, after the words “Logistic” the following is added; - {viii}. Maintenance, Repair and overhaul {MRO] for Aviation & Defence Sector.

In clause 10.8, in 3rd column of the table under s.no 4, after the words “CLCSS scheme.” The words “The companies, which have already availed the CLCSS scheme and exhausted its limit are also eligible under the same terms for taking the additionat benefits given by the State under the said scheme” is added.

In Clause 10.8, under s.no 10 the word “silver” is substituted as “bronze”.

In Clause 10.9, in the 2™ column of the table the word “7 years” is substituted with the word “10 years” Xi.

Xv.

Xvi.

XVI, In Clause 10.10.3, S.no 1 is substituted as under: - SN Nature Extent of Incentive A. Food Processing Industries 1 (i).Exemption of Market Fee, | 100% exemption of all taxes and fees paid Rural Development Fee and | for purchase of raw material for food other State taxes and fees on processing units up to 10 years for all raw material for food | category of units.

processing industries.

i.

In Clause 10.11.2, in the 3" column of the table the word “And” is substituted by “Or”, In Clause 10.11.3, in the 3" column in the table 5.00 3 is substituted as under: - “Employment Generation subsidy @ Rs 36,000 per employee per year for a maximum period of 5 years and @ Rs. 48,000 per employee per year for 2 maximum period of 5 years for women and SC/BC/OBC employee provided that the employee must be certified by a Government or Government authorized agency”, In clause 10.11.3 after Sr. No 3 following is added :- sn Nature of Incentive Extent of Incentive 4 Exemption from Electricity 100% exemption for 15 years Duty 5 Exemption from the condition Exemption from the condition of the of the license issued by PAMB ho P rad (50 BR hin for setting up private market | 'CSNS€ Issued by or setting up yard from payment of 2% over | Private market yard from payment of 2% the MSP over the MSP.

After the clause 10.17.2, A New Clause is added as under: - "10.17.3. Fiscal incentive for acquisition of sick units and revival thereof A unit with proven track record, which acquires a sick unit shall be entitled to one time special relief package for sick large unit subject to:

{i} Minimum enterprise value of sick unit shall be Rs. 50 Crore {ii} the sick unit shall fulfill the following criteria:

Existed for atleast 5 years and {Incurred accumulated losses equal to, or exceeding its entire net worth at the end of last financial year or categorized as NPA in last 8 quarters consecutively} (iii} Acquiring unit will be entitled to one time special relief package for sick large unit with period for exemption from ED and reimbursement of net SGST for seven years.

Xvi, XIX.

XX.

In Clause 10.19, sub clause 10.19.1 +10.19.2 and anywhere in the policy the words “Extreme Border Zone” (EBZ) is substituted as “Border Zone" (82) The Clause 10.23 (i) is substituted as under; -

(i) Electricity duty is the duty levied and paid to the State Government on the electricity supplied by PSPCL or any licensee or electricity trader or generating company to a consumer, as the State Government may notify from time to time, with the proviso that any contributions made out of the Electricity Duty levied, such as those deposited in the social security fund etc., shall not be exempted After the clause 10.23, a New Clause is added as under:-

10.24 Fiscal Incentives to Industrial Parks Industrial Parks with minimum area of 25 Acres will be allowed to develop 50% area as residential and commercial and no CLU or EDC wili be fyied on any component of the Industrial Park, RK Verm Dated: 01-08-2018 Principal Secretary to Govt of Punjab Department of Industries and Commerce, Punjab No. PIU/IBDP-2017/Amendments/2018/ 39% +, Yoo Dated:c7 [og / 1% A copy is forwarded to the following for information and necessary action:-

1. Additional Chief Secretary, Animal Husbandry, Fisheries and Dairy Development, Government of Punjab, Chandigarh.

Additional Chief Secretary, Excise & Taxation, Government of Punjab, Chandigarh.

Additional Chief Secretary, Department of Housing & Urban Development, Government of Punjab, Chandigarh.

Additional Chief Secretary, Revenue, Government of Punjab, Chandigarh.

. Additional Chief Secretary to Government of Punjab, Department of Health & Family Welfare, Chandigarh Additional Chief Secretary, Development, Government of Punjab, Chandigarh.

Additional Chief Secretary to Government of Punjab, Department of Food Processing, Chandigarh ’ Additional Chief Secretary to Government of Punjab, Department of Medical Education & Research, Chandigarh.

Principal Secretary, Local Government, Government of Punjab, Chandigarh.

- Principal Secretary to Government of Punjab, Department of Finance, Chandigarh, - Principal Secretary to Government of Punjab, Department of Planning, Chandigarh.

. Principal Secretary to Government of Punjab, Department of Nen-Conventional Energy, Chandigarh.

- Principal Secretary to Government of Punjab, Department of Labour, Chandigarh.

. Principal Secretary to Government of Punjab, Department of Power, Chandigarh . Principal Secretary to Government of Punjab, Department of Food, Civil Supplies & Consumer Affairs, Chandigarh.

- Principal Secretary to Government of Punjab, Department of Information Technology, Chandigarh.

. Secretary, Technical Education and industrial Training, Government of Punjab, Chandigarh.

- Secretary, School Education, Government of Punjab, Chandigarh -Secretary to Government of Punjab, Department of Science Technology & Enwironment, Chandigarh,

20. Secretary to Government of Punjab, Department of Tourism & Cultural Affairs, Chandigarh,

21. Secretary to Government of Punjab, Department of Higher Education, Chandigarh. 22. Secretary to Government of Punjab, Department of Civil Aviation, Chandigarh.

23. Chief Executive Officer, Investment Promotion, Government of Punjab, Chand igarh.

—_— No __ Special Secretary to Government of Punjab Department of Industries & Commerce No. PIU/IBDP-2017/Amendments/2018/ Hoo3 - Ypoy od Dated: 0 | %4 J te A copy is forwarded to the following:-

1. OSD/CPSCM for the kind information of Chief Principal Secretary/Hon’ble CM, Punjab, Chandigarh.

2. Secretary/CS for the kind information of Chief-Secretary, Punjab, Chandigarh.

| C — an (A.

Special Secretary to Government of Punjab Department of Industries & Commerce No. PIU/IBDP-2017/Amendments/2018/ {90S - Yupg * Dated: 67) og fig A copy is forwarded to the following for information:-

1. Principal Secretary to Govt. of Punjab, Department of Industries & Commerce, Punjab, Chandigarh.

2. Director, Department of Industries & Commerce, Punjab, Chandigarh.

Special Secretary to Government of Punjab Department of Industries & Commerce No. PIU/IBDP-2017/Amendments/2018/ L 50 7 Dated: 07 [081% A copy is forwarded to the Accountant General, Punjab (Audit Section} for information and necessary action.

Special Secretary to Government of Punjab Department of Industries & Commerce ) No. PIL/IBDP-2017/Amendments/2018/ {f o0@ Dated: 07)0% | 17 A copy is forwarded to the Principal Secretary to Government of Punjab, Department of General Coordination {Cabinet Affairs Branch) with reference to their letter No 01/123/2018- 1Cabinet/3869 dated 30.07.2017.

Special Secretary to Government of Punjab Department of Industries & Commerce No. PIU/IBDP-2017/Amendments/2018/ o 4 Dated: © 7] 0g | 1% A copy of the above is forwarded to the Nodal Officer (E-gazette, Printing & Stationary, Department of Industries & Commerce, Punjab, Chandigarh with the request for uploading on the website of Printing & Stationary Department for the publishing of the same in the Punjab Govt. Ordinary Gazette. 2?

Special Secretary to Government of Punjab Department af Industries & Commerce

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