Kerala IT Policy 2017 (Draft)

Department of Electronics & Information Technology

Govt. of Kerala
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4. Other Incentives

4.1. IT industry units, Government IT parks, certified IT parks and Akshaya centres are entitled to power tariff under HT 1 industry and LT 1V industry depending on the supply of and connected load to the IT industry.

4.2. FAR in the Government and certified IT parks shall be maintained at the level of five.

4.3. Government shall relax the parking requirement for the increased FAR for IT buildings and shall work with the IT companies to reduce the parking requirements due to personal vehicles and shall promote alternate models and modalities of commuting.

4.4. IT units in Government IT Parks:

4.4.1. Concession for stamp duty and registration fees upon executing lease / sale agreement with the park for lease / sale of land and built up space.

4.4.2. Infrastructure facilities - Exemption from entry tax for goods like machine equipments, capital goods and construction materials procured for implementation of infrastructure projects

4.5. IT infrastructure developers in Government IT Parks:

4.5.1. Exemption from stamp duty and registration fee and transfer duty of land.

4.5.2. Concessions offered to Government parks will be made available

4.5.3. Power tariff under HT-1 industry and LT 1V industry depending on the supply of and connected load

4.6. An IT software unit that has its registered office in Kerala and employs a minimum of 30% of its workforce in its Kerala operations, and otherwise compliant with the tender requirements, shall be entitled to 7.5% price preference on IT software solutions required by Kerala Government / PSU’s / Government Bodies.

4.7. An IT hardware unit that has its registered office in Kerala and employs a minimum of 30% of its workforce in its Kerala operations, that is either excise payee or ISO certified, and otherwise compliant with the tender requirements, shall be entitled to 10% price preference on IT hardware required by Kerala Government / PSU’s / Government Bodies. Other conditions remaining the same, they shall be given higher preference.



Fiscal Incentives Electricity Connection and Tariff

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