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"Agricultural Income Tax Holiday" under the "Assam Tea Industries Special Incentives Scheme"

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.

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About This Scheme

Launched in 2020, the scheme "Assam Tea Industries Special Incentives Scheme (ATISIS)" by the Finance (Institutional Finance) Department, Government of Assam, 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, through multiple implementing agencies, including banks and the District Industries & Commerce Centre. The applications for this scheme are accepted online through a dedicated portal with a Direct Benefit Transfer mechanism for reimbursement.

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.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

  • Agricultural Income Tax Return Filing Documents.
  • Tea Estate Registration Certificate.
  • Common Documents for All Benefits.
  • Aadhaar Card.
  • Permanent Account Number Card.
  • Business Registration Certificate.
  • Bank Account Details.
  • Address Proof of Unit Location in Assam.

✦ Required ◦ Optional

How to Apply

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