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Tourism as an Industry
Tripura is an attractive tourist destination.
The state has a rich cultural heritage. There are number of
historical Hindu, Buddhist sites. The State also has rich
flora and fauna. There is also great potential for development
of tourist circuits, involving all the NE states and if
possible, Bangladesh as well. All this offers attractive
opportunities for the Hospitality Industry.In Tripura, hotels
have been considered as Industry, with a view to promote
tourism. Hence, all incentives available to other industrial
units are also available for setting up hotels.
The salient features of incentives are as follows
Capital Investment Subsidy @ 30% on Fixed Capital Investment,
subject to a ceiling of Rs. 30 lakhs per unit. Additional
subsidy @ 5% to Thrust sector/ Export-oriented Units.
Reimbursement of State Sales Tax, for 5 years, subject to a
specified ceiling.
Price Preference @ 10% on purchases by the Government.
4% Interest Subsidy on term loans, for 5 years, subject to a
ceiling of Rs. 30,000 per year per unit.
Standard Certification Charges Reimbursement up to Rs. 50,000
per unit.
Special incentives to IT industry in the form of 50%
concession in the floor space rentals and reimbursement of
standard certification charges upto Rs. 2 lakhs.
Excise duty on liquor in the state in force is as follows
IMFL other than Beer Rs.90/- per LP Liter.
Beer at the rate of Rs.6.35 per BK Liter.
There is no surcharge on sales tax but additional sales tax at
the rate of 0.25% collected from those who are paying sales
tax more than Rs.1,00,000/-.
Road Tax
Tourist Taxi with sitting capacity (5+1) - Rs.252/- per annum.
Tourist bus with sitting capacity (35+1) - Rs.1752/- per
annum.
State permit fee
Tourist Taxi for first 5 years - Rs.350/- and for extension of
2 years - Rs.350/-
Tourist bus for 5 years - Rs.400/-.
Composite fees
Taxi/motor cab (upto 6 seater) @ Rs.300/- per quarter per
state (other than Home State).
Maxi cabs (7-13 seater) @ Rs. 3000/- per quarter per state
(other than home state).
Omni Buses (14-35 seater) @ Rs. 12000/- per quarter per state
(other than home state)
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