Package of Incentives
- Document type
- Policy
- Dated
- Category
- Policy
Testing equipment
100 per cent capital subsidy shall be provided by the Government on installation of the testing equipment, subject to a maximum amount of Rs. 50 lakh and also restricted to 25 per cent of the total capital investment if the cost of testing equipment exceeds 25 per cent of the total capital investment, provided that in case of the existing units the same is installed within 31.03.2003 or in case of the new units the same is installed within 5 years of its going into production. 70 per cent of the amount shall be disbursed on installation and the balance 30 per cent shall be disbursed after one year.
The condition of 25 per cent of the capital investment shall not apply in the case the amount of subsidy involved does not exceeding Rupees five lakhs.
The units which obtain ISO 9000 certification shall be entitled to a lump sum award of Rupees one lakh or hundred per cent of cost paid for such registration whichever be higher subject to a maximum of Rupees 2.50 lakh, provided that such certification is obtained before 31.03.2003.
The condition of 25 per cent of the capital investment shall not apply in the case the amount of subsidy involved does not exceeding Rupees five lakhs.
The units which obtain ISO 9000 certification shall be entitled to a lump sum award of Rupees one lakh or hundred per cent of cost paid for such registration whichever be higher subject to a maximum of Rupees 2.50 lakh, provided that such certification is obtained before 31.03.2003.