ATISIS — 3-Year Agricultural Income Tax Holiday for Assam Tea Units — Frequently Asked Questions
Answers to the questions founders most often ask about ATISIS — 3-Year Agricultural Income Tax Holiday for Assam Tea Units — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What is the main objective of ATISIS?
The primary objective is to ensure the long-term financial sustainability of Assam's tea industry by providing a 3-year agricultural income tax holiday. It also aims to incentivize manufacturers to shift from CTC to Orthodox tea production, which has higher market value.
How much funding is offered?
The scheme does not provide cash funding but offers a 3-year agricultural income tax holiday, which reduces your tax liability.
What is the application deadline?
The application is rolling and always open, meaning you can apply at any time.
Who is eligible to apply?
The scheme is open to tea plantations of all sizes and tea manufacturing units producing CTC, Orthodox, or Speciality teas (Green, Oolong, White, Yellow, Purple). All facilities must be located entirely within Assam.
Is DPIIT or MSME registration required?
The scheme does not specify any DPIIT or MSME registration requirement. Eligibility is based on being a tea plantation or manufacturing unit in Assam.
Does the program take equity?
No, the benefit is a tax holiday, not an equity investment. You do not give up any ownership stake.
What documents are typically needed?
You need to upload supporting documents for eligibility verification, including details about your unit's location, type of tea production, and manufacturing capacity. The specific document list is provided on the portal.
How and where do I apply?
You apply online through the dedicated ATISIS portal (https://atisis.assam.gov.in/atsisver/login.html). Register as a new user, complete unit registration, and then apply for benefits.
What happens if I file my tax returns late?
If you do not file your tax returns by the due date, interest and penalty will be applicable, even if you are otherwise eligible for the tax holiday.
How is the benefit disbursed?
The benefit is disbursed directly to your registered bank account through Direct Benefit Transfer (DBT), and you receive SMS alerts regarding the status.
Who offers ATISIS — 3-Year Agricultural Income Tax Holiday for Assam Tea Units?
ATISIS — 3-Year Agricultural Income Tax Holiday for Assam Tea Units is offered by Finance (Institutional Finance) Department, Government of Assam, a government body. It is provided as non-dilutive funding.
How do I apply for ATISIS — 3-Year Agricultural Income Tax Holiday for Assam Tea Units?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.
← Back to ATISIS — 3-Year Agricultural Income Tax Holiday for Assam Tea Units overview