Agricultural Income Tax Holiday" under the "Assam Tea Industries Special Incentives Scheme
in Assam
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Agricultural Income Tax Holiday" under the "Assam Tea Industries Special Incentives Scheme in Assam
Agricultural Income Tax Holiday" under the "Assam Tea Industries Special Incentives Scheme is a government scheme available to eligible residents of Assam.
Apply for Agricultural Income Tax Holiday" under the "Assam Tea Industries Special Incentives Scheme in Assam
Scheme Overview
The scheme aims to ensure long-term financial sustainability of the Tea industry and to incentivize manufacturers to move from Crush, Tear, Curl tea to Orthodox tea production. The scheme is implemented by the Finance Department and the Industries & Commerce Department, Government of Assam.
Eligibility Criteria
- The applicant must be a tea plantation across all sizes.
- The applicant must be a tea manufacturing unit manufacturing Crush, Tear, Curl Tea, Orthodox Tea, or Speciality tea including Green tea, Oolong Tea, White tea, Yellow tea and Purple tea.
- The applicant must be located entirely in Assam.
- The applicant must not have any part of the plantation or manufacturing facility located outside the State of Assam.
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Benefits
Benefit Period: 3 years of Agricultural Income Tax holiday.
Applicable Financial Years: 2022-23 to 2024-25.
Condition: Returns must be filed within the due date; if not filed on the due date, interest and penalty will be applicable.
Required Documents
| # | Document |
|---|---|
| 1 | Agricultural Income Tax Return Filing Documents. |
| 2 | Tea Estate Registration Certificate. |
| 3 | Common Documents for All Benefits. |
| 4 | Aadhaar Card. |
| 5 | Permanent Account Number Card. |
| 6 | Business Registration Certificate. |
| 7 | Bank Account Details. |
| 8 | Address Proof of Unit Location in Assam. |
How to Apply in Assam
Registration Process
Online Registration Process
Step 1: Visit the dedicated portal of "Assam Tea Industries Special Incentives" Scheme. Click on the "New User Registration" option.
Online Step 1: Visit the dedicated portal of "Assam Tea Industries Special Incentives" Scheme. Click on the "New User Registration" option.
Step 2: In the registration form, fill in basic details including name, mobile number, and email address. Create a username and password following the portal's password policy. Verify your mobile number through one-time password verification. Comp…
Online Step 2: In the registration form, fill in basic details including name, mobile number, and email address. Create a username and password following the portal's password policy. Verify your mobile number through one-time password verification. Complete Captcha Code verification. Submit the registration form.
Step 3: Check your registered email for the account activation link. Click on the activation link to activate the account. Log in to the portal using registered credentials.
Online Step 3: Check your registered email for the account activation link. Click on the activation link to activate the account. Log in to the portal using registered credentials.
Step 4: Upload all supporting documents of eligibility in the prescribed format. Fill in complete unit details, including location, type of tea production, and capacity. Submit the unit registration form. Wait for registration approval.
Online Application Process
Step 1: Log in to the portal using registered credentials. Navigate to the "Apply for Benefits" section. Select the scheme component that you intend to apply for.
Online Step 1: Log in to the portal using registered credentials. Navigate to the "Apply for Benefits" section. Select the scheme component that you intend to apply for.
Step 2: Fill in the prescribed application form with all mandatory fields. Upload all supporting documents as mentioned in the portal. Ensure file formats and file size restrictions are followed as per the portal guidelines. Review all entered inf…
Online Step 2: Fill in the prescribed application form with all mandatory fields. Upload all supporting documents as mentioned in the portal. Ensure file formats and file size restrictions are followed as per the portal guidelines. Review all entered information for accuracy.
Step 3: Upload documents in the specified format and size. Ensure all documents are clear and legible. Complete document verification checklist.
Online Step 3: Upload documents in the specified format and size. Ensure all documents are clear and legible. Complete document verification checklist.
Step 4: Review the complete application before submission. Apply online.
Online *Note down the application reference number. Save a copy of the submitted application form. *Applicants are strongly encouraged to save a copy of the submitted application, confirmation message, and application reference number for future reference and tracking purposes. Application Status Tracking Log in to the portal to check application status. Track application progress through different stages of verification. Receive Short Message Service alerts throughout the process, including registration, fund release, etc. *For Technical Support, please write to [email protected]. Disbursement Process The Finance Department releases the benefit directly to the beneficiary's bank account. Short Message Service alerts sent for funds disbursement. The beneficiary receives the Direct Benefit Transfer in a registered bank account.
Common questions in Assam
Who can apply for Agricultural Income Tax Holiday" under the "Assam Tea Industries Special Incentives Scheme in Assam?
Eligible residents of Assam who meet the scheme’s overall criteria can apply for Agricultural Income Tax Holiday" under the "Assam Tea Industries Special Incentives Scheme. Refer to the eligibility section above for the complete checklist.
What documents are required for Agricultural Income Tax Holiday" under the "Assam Tea Industries Special Incentives Scheme in Assam?
Applicants in Assam typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
Frequently Asked Questions
You will receive a complete agricultural income tax holiday for 3 years under this scheme. <br>