Amendment status not verified — confirm the current text below against the official source.
General Provisions 9.1 This Policy and other extant Policies provide fiscal & non-fiscal incentives for MSMEs. Entrepreneur can choose to avail a particular incentive according to his / her eligibility. 9.2 Incentives as envisaged in this policy shall not be applicable to an enterprise if the similar incentives are availed under any other policies of State Government or Government of India. 9.3 New MSME for availing incentives under this policy shall be acknowledged with Entrepreneurship Identification Number and / or Production Certificate 11 and commencing production within a period of three years from the date of starting of first fixed capital investment. 9.4 Government may consider condonation of delay (beyond the stipulated period of 3 years) in implementation of projects due to force majeure (reasons like natural calamities) on cases to case basis on recommendation of an Empowered Committee to be constituted under the Chairmanship of Principal Secretary to Government, MSME Department. 9.5 New MSME shall become ineligible to get incentives if it does not file its claim complete in all respects within 1 (one) year of its commencement of production or within the time limit prescribed in the Operational Guidelines of respective incentives. 9.6 This Policy shall be effective from the date of its notification and remain in force until substituted by another policy. 9.7 MSMEs which have commenced fixed capital investment prior to notification of this Policy shall continue to be governed and assisted under Odisha MSMED Policy, 2009. 9.8 For definitions of all the terms used in the policy, Annexure I be referred. 9.9 Doubts relating to interpretation of any term and / or dispute relating to the operation of any provision under this policy shall have to be referred to the MSME Department, Government of Odisha for clarification / resolution. Decision of Government shall be final and binding on all concerned. 9.10 The list of ineligible MSMEs for incentives in respect of this policy is given at Annexure II. 9.11 No right or claim for any incentive under this policy shall be deemed to have been conferred merely on the ground of provision in this policy. 9.12 Implementation of various provisions covering the incentives, concessions etc. will be subject to notification of detailed guidelines / statutory notifications by MSME / concerned Administrative Department. 9.13 An indicative list of the fiscal incentives provided in IPR-2015 is given at Annexure III. Details of policy & its Operational Guidelines is available in www.msmeodisha.gov.in and http://diodisha.nic.in 9.14 The list of potential clusters is given at Annexure IV. * * * * 12 Annexure I DEFINITIONS For the purpose of this Policy, the various terms shall have the meanings assigned to them here under: 1) “Ancillary Enterprise” means an Industrial undertaking which is engaged or is proposed to be engaged in manufacturing or production of parts, components, sub- assemblies, tooling or intermediates or rendering of services and the undertaking supplies or renders or proposes to supply or render not less than 50% of its production or services as the case may be, to one or more other industrial undertakings within the state. 2) “CST” means Central Sales Tax as defined under the provisions of Central Sales Tax Act, 1956. 3) “Downstream Enterprise” means an Industrial undertaking, which is engaged or proposed to be engaged in value addition of the intermediate or final produce or waste product of one or more industrial undertakings within the state utilizing a minimum of 50% by weight as base raw material. 4) “Fixed Capital Investment” means investment in land, building, plant, machinery and balancing equipment. 5) "IDCO" means the Odisha Industrial Infrastructure Development Corporation. 6) "IDCO Land" means land allotted to and land acquired by IDCO. 7) “Industrial Unit” means any industrial undertaking located inside the State and engaged in any manufacturing activity. 8) Industrially Backward Districts includes Kalahandi, Nuapada, Bolangir, Subarnpur, Koraput, Malkangiri, Rayagada, Nabarangpur, Kandhamal, Gajapati & Mayurbhanj. 9) “IPR” means Industrial Policy Resolution - 2015. 10) “Local Micro, Small & Medium Enterprises” means Micro, Small and Medium Enterprises situated in the State of Odisha. 11) “Micro, Small & Medium Enterprise” means an Industrial Unit / Enterprise as defined by the Government of India in MSMED Act, 2006 amended from time to time. 12) MSME-DI" means MSME Development Institute. 13) “New MSME” means a Micro, Small & Medium Enterprise where fixed capital investment (including the one who has existing land) has commenced on or after the effective date and goes into production within three years from the date of starting of first fixed capital investment. 14) "NSIC" means the National Small Industries Corporation. 15) “OSIC” means the Odisha Small Industries Corporation Ltd. 16) “PMEGP” means Prime Minister’s Employment Generation Programme. 17) “Raw Material” means material required by an enterprise that will directly go into the composition / manufacturing of its finished products. 18) “RIC” means Regional Industries Centre and “DIC” means District Industries Centre. 19) “SIDBI” means the Small Industrial Development Bank of India. 20) “VAT” means value added tax as defined under the provisions of The Orissa Value Added Tax Act, 2004‘ & Orissa Value Added Tax Rules, 2005. 21) “Year” for the purpose of incentives means a period of 365 consecutive days. * * * * Appendices 13 Annexure II LIST OF INELIGIBLE ENTERPRISES Enterprises ineligible for fiscal incentives specified under this Policy 01 All Service enterprises. 02 Hullers and Rice mills with investment in plant & machinery of less than Rs.25 lakhs for industrially backward districts and less than Rs.1 crore for other areas. 03 Flour mills including manufacture of besan, pulse mills and chuda mills except investment in plant & machinery of less than Rs.25 lakhs for industrially backward districts and less than Rs.1 crore for other areas (excluding Roller Flour Mills). 04 (a) Processing of spices with investment in plant & machinery with less than Rs.10 lakh for industrially backward districts and less than Rs.2 crore for other areas. (b) Units without Spice-mark or Ag-mark. 05 Confectionary with investment in plant & machinery with less than Rs.10 lakh for industrially backward districts and less than two crore rupees for other areas. 06 Oil mills with expellers including oil processing, filtering, decolouring, colouring, refining of edible oils and hydrogenation thereof except investment in plant & machinery more than Rs.10 lakh in industrially backward districts. 07 Preparation of sweets and savouries except investment in plant & machinery of less than Rs10 lakhs for industrially backward districts and less that Rs.50 lakh for other area. 08 Bread-making (excluding mechanised bakery). 09 Mixture, Bhujia and Chanachur preparation units. 10 Manufacture of Ice candy. 11 Manufacture and processing of betel nuts. 12 Hatcheries, Piggeries, Rabbit or Broiler farming. 13 Standalone Sponge Iron Plants. 14 "Iron and Steel Processors" such as cutting of sheets, bars, angles, coils, M.S. sheets, recoiling, straightening, corrugating, drop hammer units, etc. with low value addition. 15 Cracker-making units. 16 Tyre retreading units with investment in plant and machinery of less than Rs.20 lakh. 17 Stone crushing units. 18 Coal / Coke screening, coal washing, Coal / Coke Briquetting. 19 Production of firewood and charcoal. 20 Painting and spray-painting units with investment in plant and machinery of less than Rs.20 lakh. 21 Units for physical mixing of fertilizers. 22 Brick-making units (except units making refractory bricks and those making bricks from fly ash, red mud and similar industrial waste not less than 25% as base material). 23 Manufacturing of tarpaulin out of canvas cloth with investment in plant and machinery of less than Rs. 20 lakh. 24 Saw mill, sawing of timber. 14 25 Carpentry, joinery and wooden furniture making except when part of a Wood based cluster of at least 20 units. 26 Drilling rigs, Bore-wells and Tube-wells. 27 Units for mixing or blending / packaging of tea. 28 Units for cutting raw tobacco and sprinkling jaggery for chewing purposes and Gudakhu manufacturing units. 29 Units for bottling of medicines. 30 Bookbinding / Rubber stamp making / Making notebooks, exercise notebooks and envelopes. 31 Distilled water units. 32 Tailoring (other than readymade garment manufacturing units). 33 Repacking / stitching / printing of woven sacks out of woven fabrics. 34 Pre-processing of oil seeds- decorticating, expelling, crushing, parching and frying. 35 Aerated water and soft drink units. 36 Bottling units or any activity in respect of IMFL or liquor of any kind. 37 Size reducing / size separating units / Grinding / mixing units with investment in plant & machinery of less than ten crore rupees except manufacturing of Cement with clinker. 38 Polythene less than 40 micron in thickness / recycling of Plastic materials 39 Thermal Power Plant. 40 Re-packaging Units. Note: List of Enterprises indicated above may be modified by the Government from time to time. * * * * 15 Annexure III HIGHLIGHTS OF FISCAL INCENTIVES FOR MSMEs IN INDUSTRIAL POLICY RESOLUTION – 2015*