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What is Industrial Investment Promotion Assistance (IIPA)?

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What is Industrial Investment Promotion Assistance (IIPA)?

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Industrial Investment Promotion Assistance (IIPA) is a fiscal incentive given by State Government to the industrial units. Under IIPA scheme, 50/75% (depending upon its eligibility) of the tax paid by the industry is reimbursed in the next financial year which excludes the input tax rebate and purchase tax.

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