There will be no additional or special toll tax on the raw material, fuel and consumables procured from outside the State by the existing local SSI Units till 31.03.2003 and by new units for a period of 5 years from the date of production, except on items brought on the negative list from time to time.
There will no additional or special toll tax on finished goods manufactured by the existing local SSI, Medium and Large units and sent outside the State upto 31.03.2003 and by the new SSI, medium and large units for a period of 5 years form the date of production, except on items brought on the negative list from time to time.
There will be no additional or special toll tax on the raw material, fuels and consumables brought from outside the State by the existing medium and large units upto 31.03.2003 and for a period of five years from the date of production in case of new units except in case of items brought on the negative list from time to time. For items on the negative list, this concession shall be available on the component which is used in manufacturing of finished goods which are subsequently sent out side the State. For this purpose the medium and large units shall initially pay additional or special toll tax when bringing in the raw material, fuels and consumables and the amount shall be refunded/adjusted against fresh procurement of raw material, fuels and consumables and the amount shall be refunded/adjusted against fresh procurement of raw material/fuel/consumables when the goods leave the State.
There will no additional or special toll tax on components, machinery, plant, building material and other equipment procured from outside the State for building the factory, for a period of five years from the date of registration of the unit in SSI, medium or large sector.
There will be no additional or special toll tax on 100 per cent export-oriented units on the goods exported under proper export documents from the State to any foreign country.
SICOP/SIDCO/JKHDC/HHRO shall not be required to pay additional or special toll tax on raw materials, fuels, consumables procured from outside the State for exclusive use of the SSI/Handicraft/Handloom units for sales or exhibition outside the State.