Price preference

Industrial units either small or large set up within the territory of State of Sikkim shall enjoy a price preference to the extent of 15% over the rates of price quoted for same product having same or equivalent quality brought from outside the state. (1) The State sales Taxes shall be exempted for a period of 10 (ten) years from the date of actual commercial production. However for the units in the notified thrust areas the exemption period will be 12 (twelve) years. (2) The levy of State excise duty and sales tax on units manufacturing alcoholic/beer products shall be as per notification excise/80/DL/SS/86/284 dated 03.10.2000. (3) Exemption of Central Sales Taxes and Central Excise Duties will be governed by the laws and rules of Government of India in this regard.