Tripura Industrial Investment Promotion Incentives Scheme, 2007

Short title

The scheme shall be called the Tripura Industrial Investment Promotion Incentives Scheme, 2007 (hereafter referred to as “Scheme-2007”) for industrial enterprises (hereafter referred to as “enterprises”) to be set up in the State of Tripura.

Commencement and Duration

Unless specifically mentioned against the respective items of incentives sanctioned under Scheme-2007, it shall come into effect from the first day of April 2007 in the whole of Tripura and shall remain in force for a period of five years upto and inclusive of 31.03.2012.

Provided that wherever an incentive is being allowed to an enterprise for a specified period reckoned from the date of commencement of commercial production of the enterprise or any other prescribed date, such benefit will continue to be available till the expiry of the specified period for that particular enterprise, even beyond the thirty-first day of March, 2012.

Definitions

In Scheme-2007, unless the context otherwise requires:

(i) “Ancillary Industry” means an industrial enterprise, meeting the requirements to be complied with by an industrial undertaking for being regarded as ancillary industrial undertaking, as prescribed by the Central Government, from time to time.

(ii) “Authorized Agent” means the Directorate of Industries and Commerce and/or TIDC or an agent specifically authorized by the State Government, for operation of the Scheme-2007.

(iii) “Central Government” means Government of India.

(iv) “Closed enterprise” means an enterprise, which is not less than 7 years old and has remained permanently closed for more than 3 years before the date of transfer of ownership or management.

(v) “Designated Authority”

(vi) “Enterprise” means any industrial project in :

(a) Micro, Small or Medium Sector (including co-operatives and Self-Help-Groups), having an Acknowledgement of Entrepreneur’s Memorandum (Part-II) issued by the Directorate of Industries & Commerce, on or after the first of April 2007 ;

(b) Large scale enterprise sector, having approval in the form of Letter of Intent, Industrial License, Industrial Entrepreneurs Memorandum (IEM) or Registration Certificate, as the case may be, under the Industries (Development and Regulation) Act, 1951 (65 of 1951) ; or an acknowledgement in the form of Secretariat for Industrial Approval Reference Number from Central Government.

(c) Provided that a hospital with Intensive coronary care unit, intensive care unit, operation theatre, causality block and Blood Bank registered under the Tripura Clinical Establishments Act & Rules 1976 and 1979 respectively will be eligible for incentives under this scheme and no Acknowledgement of Entrepreneur’s Memorandum (Part-II) issued by the Directorate of Industries & Commerce or approval in the form of Letter of Intent, Industrial License, Industrial Entrepreneurs Memorandum (IEM) or Registration Certificate would be required.

(vii) “Factory” means any premises including the precincts thereof:

(a) wherein ten or more workers are working or were working on any day of the preceding twelve months and in any part of which, a manufacturing process is being carried out with the aid of power or is ordinarily so carried on; or
(b) wherein twenty or more workers are working or were working on any day of the preceding twelve months, and in any part of which, a manufacturing process is being carried out without the aid of power or is ordinarily so carried on, but does not include a mine, subject to the operation of the Mines Act, 1952 (35 of 1952), or a railway running shed.

(viii) “Fixed Capital Investment for Land and Civil Works” means investment made in land and building for commencement of commercial production on or after the first day of April, 2007, but before or on the thirty-first day of March, 2012, subject to the other conditions laid down in Paragraph 6 of the Scheme-2007.

Explanation : Fixed Capital Investment for Land and Civil Works shall include :

(a) Land: Actual price or premium paid for the land, freehold or leasehold, as per registered deed.
(b) Building: The actual expenditure incurred for construction of office building, factory sheds, power unit, storage etc. as necessary for the enterprise, but excluding the residential quarters.

(ix) “Large Enterprise” means an enterprise other than a micro, small, medium enterprise, as defined by Central Government, from time to time ; or in absence of such definitions as may be defined by the State Government.

(x) “Micro Enterprise” means a very small scale enterprise, with an investment ceiling as may be prescribed by the Government of India, from time to time ; or in absence of such prescription, as may be defined by the State Government.

(xi) “Medium Enterprise” means a medium scale enterprise, with an investment as may be prescribed by the Government of India, from time to time ; or in absence of such prescription, as may be defined by the State Government.

(xii) “Hospital” means a maternity home, nursing home, dispensary, clinic, sanitarium or an institution by what ever name called that offers services, facilities with beds requiring diagnosis, treatment or care for illness, injury, deformity, abnormality or pregnancy in any recognized system of medicine, registered under the Tripura Clinical Establishments Act & Rules 1976 and 1979 respectively .

(xiii) “Negative List ”means the list of industries in the Annexure hereto, as may be amended or altered by the State Government, from time to time.

(xiv) “NEIIPP-2007” means “North East Industrial and Investment Promotion Policy, 2007” of Department of Industrial Policy and Promotion, Ministry of Commerce & Industry , Government of India.

(xv) “Scheme-02” means the “Tripura Incentive Scheme” 2002.

(xvi) “Small Enterprise” means an industrial enterprise, meeting the requirements to be complied with by an industrial undertaking for being regarded as small enterprise as prescribed by the Central Government from time to time ; or in absence of such prescription, as may be defined by the State Government.

(xvii) “Standard Certification” means certification given by a competent authority, after due inspection/testing on standard of goods produced/processes followed by the concerned enterprise.

(xviii) “State Government” means the Government of Tripura.

(xix) “TIDC” means the Tripura Industrial Development Corporation Limited.

(xx) “TSECL” means the Tripura State Electricity Corporation Limited.

(xxi) “Tripura Value Added Tax” or TVAT means value added tax obligations of enterprise to the State Government on its sales, under the Tripura Value Added Tax Act, 2005 ( Tripura Act No. 1 of 2005 ).

(xxii) “Year” means unless otherwise specifically stated and not repugnant to the context, the financial year; commencing from the 1st of April and ending on the thirtyfirst day of March following.
(xxiii) In addition to eligible units already defined in Scheme 2007, all benefits of the Scheme- 2007 may also be extended to the following categories of enterprises:

a) Hotels with an investment of Rs. 2.00 crores and above (excluding cost of land) outside Municipality area of Agartala.
b) Adventure Sports and Leisure Sports including ropeways as eligible under North East Industrial and Investment Promotion Policy (NEIIPP) -2007.
c) Manufacture of Bricks by mechanized process and also conventional bricks manufacturing units using natural gas as fuel in kiln(s).
d) Civil Aviation related activities of a regional airlines, if the hub is at Agartala

Provided that the State Government, in Industries & Commerce Department, may, by notification, amend the definitions under the Scheme/2007, to give effect to changes in definitions by the Government of India or to meet the changed requirement of the scheme, in the interest of effective implementation of the Scheme.

Applicability of the Scheme-2007

4.1 The Scheme-2007 shall be applicable to all micro, small, medium, ancillary and large enterprise which commence its commercial production in the State, on or after the first of April 2007, but before or on thirtyfirst of March 2012, in the private sector, co-operative sector, self-help-groups, joint sector and also companies owned or managed by the State Government.

Explanation

(a) For micro, small, medium, ancillary enterprise, the date of set up will be the date of issue of Acknowledgement of Entrepreneur’s Memorandum (Part-II) by the Directorate of Industries & Commerce.

(b) For large enterprise, the date of set up will be the date on which commercial production commences.

4.2 Wherever an incentive under Scheme-2007 is being allowed to an enterprise over a period of 5 years reckoned from an appropriate date, such benefit will continue to be available till the expiry of such period for that particular incentive for that particular enterprise, even beyond the thirtyfirst day of March, 2012.

Non-applicability of the Scheme-2007

5.1 Unless specifically mentioned otherwise, the Scheme-2007 shall not be applicable to the enterprises, commence of commercial production, prior to the first day of April 2007. Such enterprises shall continue to be governed by the Scheme-02.

5.2 The Scheme-2007 shall not be applicable to the industries listed in the negative list as shown in Annexure hereto.

Eligibility for Incentives under the Scheme-2007

6.1 Any industrial enterprise to which the Scheme-2007 applies shall be considered for grant of incentives as per the Scheme-2007 only on securing an “Incentives Eligibility Certificate” in such format and from the competent authority to be notified by the State Government. The Incentives Eligibility Certificate shall not be issued unless :

(a) The project is covered by necessary industrial approval already received in the form of industrial license or letter of intent or IEM or registration certificate, as the case maybe, under the Industries (Development and Regulation) Act, 1951; or a Secretariat for Industrial Approval (SIA) reference number or an Acknowledgement of Entrepreneur’s Memorandum (Part-II) issued by the Directorate of Industries & Commerce of the State Government ;
(b) The project is covered by the detailed feasibility report / detailed project report prepared for the purpose ;
(c) The project has been sanctioned by the financing institution – which may include a Central Financial Institution / Corporation or a Commercial Bank or a State Financial Institution / Corporation – or in case of the projects fully financed from proprietors’ resource, the project report including the project finances have been vetted by the TIDC ;
(d) In respect of enterprises / industries identified as compulsorily licensable or on any other restricted list as may be notified by the Central Government or the State Government from time to time, the required clearance / licence from the notified authorities has been obtained by the enterprise ;
(e) The unit has gone into commercial production.

6.2 The enterprises issued Incentives Eligibility Certificate shall be liable to submit, such documents as may be required by the designated authority to enable consideration of the claims for incentives under Scheme-2007. Such documents may include :
(a) Annual Production Returns for period of commercial production ;
(b) Certificate from competent labour welfare authority to the effect that the enterprise is complying with the provisions of the Child Labour Laws ;
(c) Statutory Clearance / permission from Tripura State Pollution Control Board, Chief Inspector of Factories & Boilers, Local Self Government ;
(d) any other document as may be asked for by the competent authority.

6.3 All incentives payable under Scheme-2007 shall be paid through the Financial Institution financing the project or in case of self-financed projects into a bank account ; the requisite account and other formal arrangements for which have to be tied up by the entrepreneurs in agreement with the concerned financial institution or bank and intimated to the Department of Industries & Commerce.

6.4 The eligibility of enterprises for incentive under any Clause of Scheme-2007 shall, unless otherwise be specified, be limited to the amount calculated as per the respective Clause of Scheme-2007 reduced by the amount of incentive, subsidy or grant under any operative Scheme outside the Scheme-2007 – including either under the NEIIPP-2007, or under any scheme operated by a Ministry or Department of Government of India or its agencies / boards / authority, or under any scheme operated by the North-Eastern Council, for promotion of industrial projects / investments – for which the enterprise is eligible. For the purpose of Scheme-2007, enterprises shall have to compulsorily apply for the incentive, subsidy or grant under the appropriate operative Scheme outside the Scheme-2007 ; and indicate the claimed amount thereby while claiming the relevant incentive under Scheme-2007.

6.5 The issue of an Incentives Eligibility Certificate in favour of any enterprise shall not entitle the enterprise to claim the release of incentives under the Scheme-2007 as a matter of right, which shall inter alia be subject to the unit having submitted their claims as per the format, the procedure and the time limits that may be prescribed ; and further to the unit being in operation.

Incentive on Fixed Capital Investment for Land and Civil Works

7.1 Subject to provisions of Clause 6.4 of the Scheme-2007, all eligible enterprises will be entitled to an incentive at the rate of 30% fixed capital investment for land and civil works, subject to an aggregate ceiling of Rs. 50 lakhs in each unit. Sole proprietorship units belonging to ST, SC and Women individuals or partnership business where all partners belongs to ST, SC and Women will be eligible for an additional subsidy at the rate of 2.5% on investment for land and civil works, subject to an aggregate ceiling of Rs. 50 lakhs per unit.

7.2 This incentive will be disbursed against a bank guarantee in five equal annual installments, commencing from the year in which the sanction is accorded.

Procurement Preference

8.1 Subject to their meeting the quality, delivery and other specifications of the purchasing State Government Agencies, Procurement Preference will be given with effect from the date of notification of Scheme-2007 on all purchases by State Government Agencies – including Departments / Corporations / Public Sector Enterprises / Autonomous Bodies / Aided Institutions of the State Government – on products manufactured in Tripura by eligible enterprises, for which they are registered / Acknowledgement of Entrepreneurs Memorandum (Part-II) is issued.

8.2 The purchase preference would be applicable in case of items being procured through tendering process by the State Government Agencies. For extension of procurement preference, the landed price of the item being procured shall be calculated for all the eligible tenderers, at the destination specified by the purchaser, before the imposition of Tripura Value Added Tax or any other applicable commodity taxes under relevant Acts of the State Government on the final purchase by the State Government Agencies. The landed price would however include value added tax in the state of origin, excise duty, insurance charges, freight costs and Central Sales Tax imposed prior to the goods entering the state of Tripura, , quoted by supplier located outside Tripura.

8.3 The procurement purchase for enterprises in Tripura shall operate as follows :

(a) In cases where after comparison of the landed price of all eligible tenderers, one or more local industrial enterprise/s emerge as the first lowest tenderer, the said enterprise/s shall be eligible to get supply order for 100% of the tendered quantity of the item being procured by the State Government Agencies.

(b) In cases where after comparison of the landed price of all eligible tenderers, the first lowest tenderer is an enterprise from outside the State ; but the price of one or more local industrial enterprise/s is not over 15% of the price quoted by the first lowest tenderer, the said local industrial enterprise/s shall be eligible to get supply order for 100% of the tendered quantity of the item being procured by the State Government Agencies, except in case of cement, steel and GCI sheet, where a 65:35 ratio for local/outside bidders will be followed provided that they shall be ready to supply the same by matching the price offered by the first lowest tenderer.

8.4 In order to be eligible for benefits under this clause, an enterprise shall have to achieve at least 20% value addition within the state, to be ascertained in the manner as may be prescribed by the State Government. “Value Addition” for this purpose would mean the difference between the total landed cost (in Tripura) of all inputs used in production and the selling price for every unit of the item being procured.

8.5 Notwithstanding anything contained in Clause 4 & 5 of the Scheme-2007, the incentive under this clause shall be available to all the local enterprises irrespective of the date of their commencement of commercial production; i.e., enterprises started commercial production, prior to 1st April, 2007 shall also be eligible for benefit under this clause, subject to fulfillment of other eligibility conditions.

8.6 Notwithstanding anything contained in Clauses 8.1 to 8.5 foregoing, the provisions of Scheme-02 relating to Price Preference in procurement by State Government Departments / Public Sector Undertakings shall continue to apply beyond the thirtyfirst day of March 2007 till the date of Notification of Scheme-2007.

Re-imbursement of Commodity Taxes

9.1 Subject to the Notification to be published by the State Government in the Finance Department, the following categories of industrial enterprises commencing of commercial production in Tripura shall be eligible for reimbursement of the commodity taxes, including Tripura Value Added Tax, Central Sales Tax and Purchase Tax, paid by the enterprise either for inputs or for finished products as per applicable provisions, in accordance with the details in succeeding clauses 9.2 and 9.3 ; for the periods as specified hereunder :
(a) All industrial enterprises, commencing commercial production on or after 1st April 2002 and which were allowed reimbursement of Sales Tax under Scheme 2002 shall continue to get the benefit in the form of reimbursement of Tripura Sales Tax as per Scheme-2002 till 31st March 2005 ; and thereafter from the 1st of April 2005, shall get the benefit in the form of reimbursement of Tripura Value Added Tax for the unexpired duration of five years. The total period for which a particular enterprise gets such benefit (including both under Scheme-2002 and under Scheme-2007) shall not exceed 5 years from the date of its set-up.
(b) All eligible micro, small, medium and large enterprises which commences commercial production in the State, on or after the 1st of April, 2007, in the private sector, co-operative sector, joint sector, self–help-groups as also companies owned or managed by the State Government shall be given the benefit of re-imbursement of Tripura Value Added Tax for a period of five years from their respective date of commencement of commercial production.
9.2 The eligibility period for re-imbursement of commodity tax to be provided to each eligible enterprise shall be five years, reckoned from the date of commencement of commercial production of the enterprise, notwithstanding any intermittent closure or suspension of production for any reason.
Provided that if any eligible enterprise is sold or otherwise transferred to a new owner within this eligibility period of five years, the benefit of commodity tax reimbursement shall be available to such transferee or the new owner only for the unexpired portion of the said eligibility period of five years ; and
Provided further that the benefit of re-imbursement of commodity tax will continue to be available to a particular enterprise till the expiry of the eligibility period of five years from the date of commencement of commercial production of that enterprise, even beyond the thirtyfirst of March, 2012.
9.3 For the finished goods sold in Tripura : In relation to the TVAT realized from the consumer and deposited in Tripura by the enterprise against such sale of finished goods, the following shall operate :
(a) In respect of raw materials or inputs sourced from within Tripura by payment of TVAT at that stage, as full input tax credit would be admissible to the enterprise under the TVAT Act and the net TVAT incidence of the enterprise would be nil, no reimbursement under the Scheme 2007 would be admissible.
(b) In respect of raw materials or inputs sourced from within Tripura by payment of Purchase Tax at that stage and where full input tax credit for purchase tax is not admissible to the enterprise at the stage of sale as finished product, the enterprise shall be eligible for reimbursement equal to the net purchase tax incidence at the stage of raw material or input procurement.
(c) In respect of raw materials or inputs sourced from outside Tripura by payment of Central Sales Tax at that stage and where full input tax credit for such CST paid is not admissible to the enterprise at the stage of sale as finished product, the enterprise shall be eligible for reimbursement equal to 50% of the net CST incidence at the stage of raw material or input procurement.
9.4 For the finished goods sold outside Tripura : In relation to the CST realized from the consumer and deposited in Tripura by the enterprise against such sale of finished goods outside Tripura, the following shall operate :
(a) In respect of raw materials or inputs sourced from within Tripura by payment of TVAT at that stage and where full input tax credit for TVAT is not admissible to the enterprise under the CST Act, the enterprise shall be eligible for reimbursement equal to the net TVAT incidence at the stage of raw material or input procurement.
(b) In respect of raw materials or inputs sourced from within Tripura by payment of Purchase Tax at that stage and where full input tax credit for purchase tax was not allowed to the enterprise at the stage of sale as finished product, the enterprise shall be eligible for reimbursement equal to the net purchase tax incidence at the stage of raw material or input procurement.
(c) In respect of raw materials or inputs sourced from outside Tripura by payment of Central Sales Tax at that stage and where full input tax credit for such CST paid was not allowed to the enterprise at the stage of sale as finished product, the enterprise shall be eligible for reimbursement equal to 50% of the net CST incidence at the stage of raw material or input procurement.
9.5 The cumulative benefit of reimbursement of Commodity Taxes to an enterprise under the provisions of Clause 9.3 and 9.4 shall be limited to a maximum ceiling of Rs. 50 lakhs per annum.
9.6 The amount admissible to be reimbursed to any enterprise shall be calculated net of admissible credits under the relevant Tax Acts and provisions ; and would not be allowed to the extent of eligible input tax credit for raw materials or inputs not applied for or availed by the enterprise or where such claim of enterprise has been disallowed by the competent tax authority for any reason.
9.7 The re-imbursement of commodity tax shall be made only after necessary verification and corroboration from tax authorities of the involved states and the eligibility of the enterprise shall be subject to their furnishing the requisite documentary evidence and such other information as may be asked for by the competent authorities in the Industries & Commerce Department.
9.8 All benefits under this Clause 9 are subject to policy changes that may be necessary, from time to time due to amendments in Tripura Value Added Tax Act 2005, Purchase Tax Act or CST Act, or other related statutory provisions, if any.

Reimbursement of Power Charges

10.1 Subject to provisions of Clause 6.4 of the Scheme-2007, all eligible enterprises will be allowed partial reimbursement of industrial power charges paid to the TSECL or an approved agency for a period of first five years reckoned from the date of commencement of commercial production.

10.2 The partial reimbursement of power charges would be available on an annual tapering basis, commencing from twentyfive percent of the power charges for the first year and reducing by five percent every year, viz.,
twentyfive percent of the power charges for the first year ;
twenty percent of the power charges for the second year ;
fifteen percent of the power charges for the third year ;
ten percent of the power charges for the fourth year ; and
five percent of the power charges for the fifth year,
each year being reckoned from the date of commencement of commercial production.

10.3 Such partial reimbursement of power charges shall be limited to a ceiling amount, linked to annual turnover of the enterprise as follows :
Maximum of 7.5% of the annual turnover in the first year ;
Maximum of 6.05% of the annual turnover in the second year ;
Maximum of 4.5% of the annual turnover in the third year ;
Maximum of 3.0% of the annual turnover in the fourth year ;
Maximum of 1.5% of the annual turnover in the fifth year ;
each year being reckoned from the date of commencement of commercial production ;

Provided that the partial reimbursement of power charges for in any year shall not exceed a maximum of Rs. 12 lakhs for any enterprise ;

Provided further that an enterprise shall not be allowed reimbursement for power charges if it is in default of payment of power charges or any other liabilities to TSECL.

Re-imbursement of Interest paid

Subject to provisions of Clause 6.4 of the Scheme-2007, all eligible enterprises will be entitled to a reimbursement of interest paid to the banks / financial institutions, at the rate of 3% on the term loans availed by them, for 5 years from the date of commencement of commercial production, provided that the enterprises have no interest liabilities overdue to the banks / financial institutions ; and subject further to a ceiling of 10% of the annual turnover for the relevant year or Rs.1,00,000 per year per enterprise, whichever is lower.

Provided that the benefit of reimbursement of interest paid will continue to be available to a particular enterprise till the expiry of the 5 year period from the date of commencement of commercial production of that enterprise, even beyond the thirtyfirst of March, 2012.

Reimbursement of Standard Certification Fees / Charges

Subject to provisions of Clause 6.4 of the Scheme-2007, all eligible enterprises will be allowed one-time full reimbursement of fees / charges / other expenses on account of obtaining a standard certification up to the date of issue of the certificate.

Partial Reimbursement of Floor Space Rentals for IT Industries

Apart from the incentives stated in other clauses, all Information Technology (IT) enterprise in hardware, software and IT-enabled services sector, employing a minimum of 25 persons would be entitled to partial reimbursement on floor space rentals for a maximum period of 5 years on a tapering basis as follows :
Fifty percent of the floor space rentals for the first year ;
Forty percent of the floor space rentals for the second year ;
Thirty percent of the floor space rentals for the third year ;
Twenty percent of the floor space rentals for the fourth year ; and
Ten percent of the floor space rentals for the fifth year,
Provided that the unit rate for floor space rentals for any IT-enterprise may be vetted for acceptance by the designated agency ; and

Provided further that the maximum ceiling of the floor space rental shall be Rs.24 lakhs per annum to be reckoned as base for calculation of partial reimbursement of the floor space rentals for an IT-enterprise.

State Transport Subsidy

14.1 Enterprises which are eligible for transport subsidy under Transport Subsidy Scheme, 1971 of Department of Industrial Policy & Promotion, Ministry of Industry, Government of India would be also eligible for State Transport Subsidy.

14.2 Transport subsidy will be allowed on raw materials actually required and used in an enterprise in its manufacturing process and also on finished goods actually produced by an enterprise which is covered by necessary industrial approval already received in the form of industrial license or letter of intent or IEM or registration certificate, as the case maybe, under the Industries (Development and Regulation) Act, 1951; or a Secretariat for Industrial Approval (SIA) reference number and a permanent registration certificate or a Acknowledgement of Entrepreneur’s Memorandum (Part-II) issued by the Directorate of Industries & Commerce of the State Government but excluding any packing material and by-product. Cost of transportation of fuels also will not be eligible.

14.3 Transport Subsidy will be given on the transportation costs of raw materials between Siliguri and nearest railway station to the location of the enterprise thereafter the cost of movement by road to the location of the enterprise. Similarly while calculating the transport cost of finished goods the cost of movement by road from the location of the enterprise to the nearest railway station and thereafter the cost of movement by rail to Siliguri will be taken into account. However, if the raw material are transported entirely by road or any other mode of transport, the transport cost will be limited to the amount which the enterprise would have paid had the materials transported from Siliguri by rail upto the nearest railway station and there after by road. Similar procedure would be followed in case of finished goods.

14.4 Transport Subsidy will be also provided for inter-state transportation of raw materials and finished products within the North-eastern region but excluding transportation costs within the State.

14.5 Cost of landing, or uploading and other handling charges will not be eligible for determining the transport cost.

14.6 Freight charges for movement by road or any other means will be determined on the basis of rates fixed/notified by State Government from time to time or the actual freight paid whichever is less.

14.7 All eligible enterprises will be eligible for transport subsidy equivalent to ten per cent of transport costs of both raw materials as well as finished goods. In case of electronic industry transport subsidy at the rate of twenty five per cent on air-freight incurred in transportation of electronic components and products by air to and from Kolkata will be eligible. The transport subsidy would be admissible from Kolkata upto the airport nearest to the location of the enterprise and thereafter at the rate of ninety per cent on the movement of goods transported by rail/road up to the location of the unit and vice-versa.

14.8 Transport Subsidy would be available for a period of five years from the date of commercial production.

14.9 Transport Subsidy claim must be submitted within one year of incurring the expenditure and on quarterly basis.

Clarification and Interpretations

In case of any doubt or dispute regarding the provisions of the Scheme-2007, only the State Government shall be competent to clarify or interpret these and such clarification or interpretation shall be final and binding on all concerned.

16. Power to amend and repeal any or all Provisions

Notwithstanding anything contained in any of the provisions of the Scheme-2007, the State Government may at anytime :

(a) Make any amendment to this scheme or repeal it, but the commitments already made for an eligible enterprise shall not be affected by any such amendment or repeal;

(b) Issue instructions and guidelines to facilitate implementation, to remove anomalies and to clarify the interpretations of the provisions of this Scheme.

Repeal and Savings

17.1 The Tripura Incentive Scheme, 2002 shall be repealed and shall stand substituted by the Tripura Industrial Investment Promotion Incentives Scheme, 2007 from the date of commencement of the Scheme-2007.

17.2 The commitments entered into and based on any of the previous Incentives Scheme shall continue to be governed by the corresponding Scheme.
 

Annexure
[ Reference : 3(xii) ]
Negative List of Industries & Commerce

1. Cinema and Cinema Halls.
2. Brickbats, Stone Chips and any other products or sub-products arising out of bricks (excluding fly ash bricks, sand lime bricks, refractory bricks), or stones and burnt earthen tiles.
3. Large and Medium Scale enterprises, generating employment for less than 20 persons on the pay roll.
4. Distribution of Electricity.
5. Saw Mills.
6. Non-manufacturing activities like tailoring Service, activities of STD/ISD booths, teleprinter/fax services, advertising, all types of photographic labs, packaging activities, photocopying, Radiological labs, crèches, motion picture production (including documentary), Laundry, dry cleaning, beauty parlours.
7. Enterprises manufacturing Essential Commodities being sold through Public Distribution System.
8. All goods falling under Chapter 24 of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) which pertains to tobacco and manufactured tobacco substitutes.
9. Pan Masala as covered under Chapter 21 of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986).
10. Plastic carry bags of less than 20 microns as specified by Ministry of Environment and Forests Notification No.S.O. 705(E) dated 02.09.1999 and S.O.698 (E) dated 17.6.2003.
11. Goods falling under Chapter 27 of the First Schedule to the Central Excise tariff Act, 1985 (5 of 1986) produced by petroleum oil or gas refineries.
Any other industry /activity notified by the State Government for inclusion in this list.