Maharashtra Tourism Policy

Maharashtra Tourism Policy

Coverage for incentives under the Maharashtra Tourism Policy 2016 will include:

1. Tourism Projects in the Private Sector
2. State Public Sector/Joint Sector
3. Co-operative Sector

Maharashtra Tourism Policy

Eligible Units Eligible units that will be covered as a part of this policy are as follows:

Classification of tourism units in Maharashtra

Fiscal Incentives

Mega Project classification and threshold limits

Government of Maharashtra realizes the multi-fold benefits of mega project investments in the tourism sector. A tourism unit will be awarded a mega/ultra- mega project status as per the Fixed Capital Investment (FCI) and the direct employment generated.
Types of UnitsZone ClassificationFixed Capital Investment in INR CoreDirect Employment GenerationTime Period For Investment (In Months)
Mega Project UnitA10030060
B5015048
C257548
STZ/STD154536
Ultra Mega Project UnitEntire State50075084
Types of Units Zone Classification Fixed Capital Investment in INR Crore Direct Employment Generation Time Period For Investment (In Months)
Mega Project Unit A 100 300 60
B 50 150 48
C 25 75 48
STZ/STD 15 45 36
Ultra Mega Project Unit Entire State 500 750 84

Fiscal incentives to Mega/Ultra Mega projects

ABCSTZ/STDUltra Mega Project Unit
Eligibility Period In Years1010151520
Vat Reimbursement50% of VAT on local sales less Input Tax Credit or zero whichever is higher75% of VAT on local sales less Input Tax Credit or zero whichever is higher100% of VAT on local sales less Input Tax Credit or zero whichever is higher100% of VAT on local sales less Input Tax Credit or zero whichever is higher100% of VAT on local sales less Input Tax Credit or zero whichever is higher
Luxury Tax Exemption50%75%100%100%100%
Enterttainment Tax Exemption50%75%100%100%100%
Electricity Duty Exemption50%75%100%100%100%
A B C STZ/STD
5 5 7 7
Vat Reimbursement 50% of VAT on local sales less Input Tax Credit or zero whichever is higher 75% of VAT on local sales less Input Tax Credit or zero whichever is higher 100% of VAT on local sales less Input Tax Credit or zero whichever is higher 100% of VAT on local sales less Input Tax Credit or zero whichever is higher
Luxury Tax Exemption 50% 75% 100% 100%
Entertainment Tax Exemption 50% 75% 100% 100%
Electricity Duty Exemption 50% 75% 100% 100%
Stamp Duty and Registration Charges Exemption 50% 75% 100% 100%

Fiscal Incentives to MSME units

ABCSTZ/STD
Eligibility Period In Years5577
Vat Reimbursement50% of VAT on local sales less Input Tax Credit or zero whichever is higher75% of VAT on local sales less Input Tax Credit or zero whichever is higher100% of VAT on local sales less Input Tax Credit or zero whichever is higher100% of VAT on local sales less Input Tax Credit or zero whichever is higher
Luxury Tax Exemption50%75%100%100%
Enterttainment Tax Exemption50%75%100%100%
Electricity Duty Exemption50%75%100%100%
Stamp Duty and Registration Charges Exemption50%75%100%100%
A B C STZ/STD
5 5 7 7
Vat Reimbursement 50% of VAT on local sales less Input Tax Credit or zero whichever is higher 75% of VAT on local sales less Input Tax Credit or zero whichever is higher 100% of VAT on local sales less Input Tax Credit or zero whichever is higher 100% of VAT on local sales less Input Tax Credit or zero whichever is higher
Luxury Tax Exemption 50% 75% 100% 100%
Entertainment Tax Exemption 50% 75% 100% 100%
Electricity Duty Exemption 50% 75% 100% 100%
Stamp Duty and Registration Charges Exemption 50% 75% 100% 100%

Maharashtra Tourism Policy

Eligible units

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