The Industrial & Investment Policy of Assam (IIPA), 2019 is the State of Assam's incentive policy for new units and substantial expansions — headlined by SGST reimbursement of up to 150% of fixed capital investment over 15 years, alongside power, stamp duty and working-capital support. Unlike UNNATI, IIPA benefits flow through an Eligibility Certificate and claim-by-claim filings — which is where most units lose money they were entitled to.
Active — eligibility certificates and incentive claims being processed (incl. 2023 Amendment)| Full name | Industrial and Investment Policy of Assam, 2019 (with Amendment, 2023) |
|---|---|
| Administered by | Industries, Commerce & Public Enterprises Department, Government of Assam |
| Coverage | State of Assam — all districts |
| Who can apply | New units, and existing units undertaking substantial expansion — manufacturing and specified services, including hotels/resorts of 3-star and above and river cruise, and green power generation |
| Headline benefit | SGST reimbursement, typically up to 150% of fixed capital investment over 15 years |
| Route to benefits | Eligibility Certificate first, then incentive-by-incentive claims with prescribed forms and CA certificates |
| Exclusions | Units manufacturing items on the policy's negative list (Annexure 1) are not eligible |
The policy's fiscal package spans tax, power, capital and employment. The amounts below are the policy's headline terms — your unit's exact entitlement depends on category, location and the guidelines in force.
| What it pays | Reimbursement of SGST paid through the cash ledger (under s.49(1), Assam GST Act 2017) on eligible output |
|---|---|
| Quantum | Typically up to 150% of fixed capital investment, over 15 years — whichever exhausts first. Mega units with customized packages may go up to 200%. |
| Why it matters | For a steadily producing unit this is usually worth several times every other incentive combined — but it must be claimed correctly, period after period, for 15 years |
| Power tariff subsidy | Subsidy on electricity bills for eligible units for a specified period (recent approved packages have included ₹2 per unit) |
|---|---|
| Generating set subsidy | Support on captive DG set installation for the unit's own production |
| Stamp duty reimbursement | 100% reimbursement of stamp duty on eligible transactions, subject to a monetary ceiling |
|---|---|
| Working capital interest subsidy | Interest subsidy on working capital loans for eligible units |
| Technology & quality certification | Support for technology transfer and quality/ZED certification costs |
| MSME listing assistance | Financial assistance for MSMEs listing on stock exchanges |
| Employment generation incentive | Incentive for units employing local youth (per-employee support, per the guidelines) |
|---|---|
| Infrastructure developers | 30% subsidy (excluding land value), up to ₹3 crore, for private industrial infrastructure on 30+ acre sites |
| Environmental compliance | Assistance towards environmental compliance costs |
IIPA is not a single application. It's a certificate followed by years of claim filings — through the District Industries & Commerce Centre (DICC), district and state level committees. Each stage has its own forms, CA certificates and physical verification.
Application with project documents; verification by the DICC; approval at District Level Committee (micro units) or State Level Committee.
Physical verification of plant & machinery and premises, scrutiny of invoices, books and bank trails — built to be checked.
Each incentive — SGST, power, stamp duty, working capital interest — has its own prescribed form, checklist and CA certificate.
SGST reimbursement and power subsidy run period after period, up to 15 years. Missed or defective filings are money left behind.
Yes. The policy, along with its 2023 Amendment, continues to operate — Assam's implementation committees have been granting Eligibility Certificates and approving incentive claims through 2025, and substantial new incentive packages were approved under it as recently as late 2025.
For most eligible units it is the single largest benefit: reimbursement of SGST paid in cash, typically capped at 150% of your fixed capital investment over 15 years. A unit with ₹5 crore of fixed capital investment could see a ceiling of ₹7.5 crore over the period — if it claims correctly and consistently.
Yes — hotels and resorts of 3-star and above category, and river cruises, are eligible for incentives under the policy, with fixed capital investment defined to include plant & machinery, land and building directly connected with the hotel premises.
The same incentive can't be claimed twice, but central and state benefits of different types can often be combined — for example, structuring capital incentives under one scheme and tax-linked benefits under another. The right structure depends on your unit's numbers and must be decided before you apply, not after.
Usually, yes. Stuck claims most often trace back to defective forms, missing CA certificates or verification gaps — all fixable with the right documentation. Send us your status on WhatsApp for a straight first read, free.
Whether you're planning a unit, expanding one, or sitting on an Eligibility Certificate with unclaimed incentives — start with one WhatsApp message. Free first assessment.