Since 1st April 1993, 100% deduction is available to the Industrial establishments in their profit and gains for the 1st five years and the same was available up to March 2002. This implies that those Units which begin to manufacture or produce articles on or before 30th March 2002 were entitled for 100% income tax holiday for the 1st five assessment years. Also after the initial five years benefit such industrial undertaking are entitled to the deduction at the rate of 25% for their profits and gains for the next five assessment years.
Over and above these facilities, the Government/Administration has developed three Industrial Estates at villages Masat, Silvassa Phase-I, Silvassa Phase II at Amli and Khadoli, having total 290 plots measuring 700Sq.mtrs. to 4000Sq.mtrs. with good road network. Two Co-Operative Industrial Estates are also functioning in Amli village with necessary infrastructure. Over and above the Administration is considering the applications of individuals for converting the Agriculture land into non Agriculture. Till date Administration has considered N.A. for 1700 hectares of land and still 1300 hectares is available under Regional Plan 2000-2020 for Dadra and Nagar Haveli. The Value Added Tax has been enforced since 1st April 2005, but the tax benefits/exemption available to the Industrial Units has been made available to them for the balance period.
