In exercise of the powers conferred by section 6 of the Orissa Entry Tax Act, 1999 (Orissa Act 11 of 1999), the State Government, having been satisfied that it is necessary to do so in the public interest, do hereby exempt the Scheduled goods brought into the local area from the levy of tax under the said Act subject to the following conditions and restrictions, namely :-

Entry of any Scheduled goods is effected on import, for use of such goods as raw materials, by the following category of eligible Mega Projects under the Resolution of the Government of Orissa in the Industries Department No.19873-XIV-HI-08/04/I., dated the 18th November 2004, through ports in Orissa from any foreign country for value addition in processing for sale and distribution of finished products in the State :

Provided that such Mega Projects shall not get the benefit of this exemption if they have been granted any mineral assistance (lease of mines) or are intending to avail such assistance.

Categories of Mega Projects :-

(i) New Industrial Units primarily based on Iron ore, Bauxite and Chromite with capital investment of Rs.300 crores and above.

(ii) New Industrial Units primarily based on minerals other than Iron ore, Bauxite, Chromite and Gem Stones with capital investment of Rs.100 crores and above.

(iii) Non Mineral based New Industrial Units with capital investment of Rs.25 crores and above.

(iv) New Industrial Units for Gem Stone processing, Jewellery, Handlooms, Handicrafts and Biotechnology projects with capital investment of Rs.10 crores and above.