Incentives
- 100% Foreign Direct Investment for manufacturing sector
- All Input goods and services are zero rated under IGST
- All physical export goods and services are zero rated under IGST *subject to certain conditions
- Profits allowed to be repatriated freely without any dividend-balancing requirement
- On-site customs clearance for hassle free operations
- Single Window Clearances
- In the proposed DTA, all industries are eligible for benefits under the Tamil Nadu Industrial Policy 2014
- Fiscal and Regulatory Tax Benefits as applicable to units in SEZs
- Duty deferment benefits & faster customs clearances
- Packaging, re-packaging and re-exports allowed
- Customised warehousing, break bulk, containerised and dry cargo storage and more
- Zero-rated IGST
- Capital subsidy & electricity tax exemption
- Stamp duty concession
- *Reduced Corporate Tax