Goa

General Information

Infrastructure

Incentives

Subsidy of 25% of equity up to Rs. 2.5 million, for new units and expansion projects.

Sales tax exemption on finished products for SSIs (15 years), medium-and large-scale units (12 years)

Income-tax deduction on 20% of profits of hotels and industrial units

Loan of up to Rs. 0.5 million to selected entrepreneurs, repayable in 11 years, with 8% interest on a 5%             margin.

Rebates of 25% on commercial water-and power-supply tariff for new units

50% stamp duty exemption on bonds/mortgages in favor of state FIs/Scheduled commercial banks

Assistance of about Rs. 2 million on a 15% margin for competent technicians/technocrats

Permission for NRIs to import plant and machinery and raw materials with their own foreign Exchange

Price preference of 15% on purchases by government departments from registered units

Availability of sheds on a hire-purchases basis, wih 10% down payment and rest payable over 10 Year
Duty free import of capital goods, components, and raw materials for 100% export oriented units.
Total exemption from central excise duty and other levies for 100% export oriented units.

State identified priority sectors

Electronics, Industrial Estates, Infrastructure Development, Marine Products, Mining, Technology Products, Tourism

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